Bonterra Energy Corp T.BNE

Alternate Symbol(s): BNEFF

Energy Oil & Gas E&P

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

Bonterra Energy Corp > Debt level

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Comment by bandit69on Oct 12, 2022 10:30am

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Post# 35019431

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Debt level

Hendrick3 wrote: I don't think anyone predicted negative oil prices in 2020 so BNE would be as bright as any of them. Obviously brighter than Pengrowth, Bonavista Lightstream etc.

It has nothing to do with 2020. That was the straw....camel's back, you know the saying. All of the names you mentioned above were poorly managed. Lightstream recapitalized countless times but kept the same management under each iteration because they "knew" the assets best. And you, in typical Canadian fashion say, "thank you for the shareholder destruction you inflicted on me." HAHAHAHA.

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