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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 Nov 24, 2022 9:20am
147 Views
Post# 35124731

RE:Financing

RE:Financing Thanks for sharing your insights from your meeting. Everything noted makes perfect sense. I think it would be a real coup if they could complete and announce the financing before next Wednesday as these things always seem to run into overtime. It would be a real vote of confidence. Found it very interesting that Nuttal has them back on his charts. Due to liquidity tightness I cannot fathom that Nuttal would take a position but just including them will garner some interest. I know a few fellow investors who are also building interest in this name so some day soon we should start seeing active buying interest. That is what makes this financing deal announcement very important is that many investors just waiting to pull the trigger. 
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