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Bonterra Energy Reports Significant Reserve Growth in 2024

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Bonterra Energy Reports Significant Reserve Growth in 2024

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Bonterra Energy ( (TSE:BNE) ) has shared an announcement.

Bonterra Energy Corp. recently released its 2024 independent reserve report, which highlights significant growth in its oil and gas reserves, attributed to successful capital programs and efficient operations. Despite lower commodity prices, Bonterra’s focus on disciplined capital allocation has resulted in increased reserves across all categories, improved recycle ratios, and a strong net present value for future net revenue, reinforcing its stable market position.

More about Bonterra Energy

Bonterra Energy Corp. is an energy company operating primarily in the oil and gas industry, focusing on the development and production of oil and natural gas reserves. The company is known for its disciplined capital allocation across its key asset bases in the Cardium, Charlie Lake, and Montney regions.

YTD Price Performance: -6.28%

Average Trading Volume: 13,952

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $93.78M

For an in-depth examination of BNE stock, go to TipRanks’ Stock Analysis page.

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