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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 bandit69on May 04, 2022 11:50am
188 Views
Post# 34655221

RE:RE:RE:RE:RE:RE:RE:RE:I assume dividend by Q3 ???

RE:RE:RE:RE:RE:RE:RE:RE:I assume dividend by Q3 ???Debt did not stay flat and retained earnings started to become accumulated deficits in 2014.  Then came divi cuts and GORR sales and using debt to make up cash shortfall.  Then came the elimination of the divi completely. 

They could not sustain the dividend.  How obtuse can you be?
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