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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

Bullboard Posts
Comment by puma1on Feb 01, 2018 7:40am
63 Views
Post# 27477334

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bonterra End Game?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Bonterra End Game?well, efficient...................... your final comment in the post ends up being very, very interesting as this morning Goldman came out with the SAME call - $80 plus oil........................................................
efficientmyass wrote: Sentiment driven driftdown, pure and simple.  crude actually finished up on the day....Edomnton par ever stronger than WTI....but negative headlines re inventory builds (compeletely normal at this time of year due to refinery maintenence) weigh on E&P shares.    

"lower for longer" and "$50 supply response" themes are alive and well.....breeding neagtive sentiment; it will take rising prices for longer to flip,the switch. 

Summer of 18 will be interesting.....could see $70-80 WTI if demand remains strong.  




Bullboard Posts