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Bonterra Energy Corp T.BNE

Alternate Symbol(s):  BNEFF

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company operates through development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. Its operating areas include Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company is focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. It has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of northeast British Columbia, which consists almost entirely of natural gas and associated natural gas liquids. It also has an undeveloped Charlie Lake asset that is prospective for light oil in Bonanza, Alberta. The Company has over 116 net sections of contiguous land in the light oil prone Charlie Lake.


TSX:BNE - Post by User

Comment by Hendrick3on Oct 05, 2020 12:40pm
108 Views
Post# 31667172

RE:$104 million confrimed!! Excellent!!!

RE:$104 million confrimed!! Excellent!!!I am an OBE shareholder and I hope all this help from the government gives BNE the impetus to nix the deal. Debt is still debt and they are just adding to their overall debt levels. They unfortunately pissed away their balance sheet by paying a dividend beyond what they could afford. Hopefully this is the end of this saga but me thinks the banks have the final say. 
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