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 > If Oil averages $77

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Comment by Resilience2on Feb 17, 2024 5:12am

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Post# 35885587

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:If Oil averages $77

I have mentioned this a few times to them, and have emphasized it again a week or so ago.

That would be great in my view and a no-brainer.

Few quicker ways to add sustainability and value than making sure dilution stays low and making a profit in the progress (3,3 mln warrants, or part of that; buy at ~ $ 5 and sell @ $ 7,75 around oct 2025 when the warrants expire).

While supporting the shareprice towards at least PDP (making deals possible) and making it hard for shorters.

Maybe no harm in giving Pat another call then to emphasize ;-).

Cheers, R.

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