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

Bullboard Posts

Comment by efficientmyasson Jul 22, 2018 12:17pm

80 Views

Post# 28350126

RE:RE:RE:RE:RE:RE:short interest plummets by 5000 shares to 2,192,000... yawn

There is no convertible debt outstanding and I m sorry, but the idea that George or any credible CEO would short his own stock is ridiculous. The short position is sticky because it has to be. Good luck trying to buy the stock in quantity without sending the price higher quickly. Almost a third of all BNE trades are currently being marked as short sales yet the position is essentially flat. The stock has shown relitive strength on oil weakness and does not seem to consistently participate on days when oil is strong. Tells me that there is a bias to cover on weakness and short strength. They want out, but there is almost no exit door.

Bullboard Posts

Anaergia expands relationship with PepsiCo