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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 AlexPKeaton89on Mar 30, 2021 1:29pm
170 Views
Post# 32906785

RE:Great News for BNE Holders - End of OBE saga

RE:Great News for BNE Holders - End of OBE saga
Look for a full operations and update and new updated presentation in the next few days. Bonterra has been sitting on some very positive news flow not wanting to share their hand to Obsidian and hoping that this hostile nonsense would finally end. Bonterra was never going to tender - today's share price action is stating the obvious - Bonterra shareholders wanted nothing to do with this and Obsidian shareholders needed it. Now BNE can get back to spending money on paying down debt and increasing production instead of bs lawyer bills. Once this is all digested by the market, BNE will be at new highs.
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