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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 kavern23on Oct 21, 2023 7:34pm
198 Views
Post# 35694945

RE:RE:RE:RE:RE:RE:rex

RE:RE:RE:RE:RE:RE:rexNo that TVE cardium property sale is near bonterra land, alder flats kinda by Buck Lake.
I think it becomes harder to offer a winning bid when TVE likely doesnt want any shares in any deal. TVE wants cash to drill and lower debt not shares.

I dont think matters as probably lots of deals beyond this in cardium. This could be first shoe to drop.

Saturn may be sell have their cardium for sale.

Nobody knows for sure, OBE may have bid for that TVE package, had to be other bidders to get final sale price to over 123m.

OBE is in a good spot as they can wait until any downturn and swallow up even this private company that won the bidding for TVE property.  Nobody knows detauls yet on them.

Too many companies with property in Pembina.
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