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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 Pkarabatsoson Nov 21, 2018 3:42pm
93 Views
Post# 29006589

RE:RE:RE:RE:short interest up slightly (21k) to 3,175,000

RE:RE:RE:RE:short interest up slightly (21k) to 3,175,000I don’t think anything will happen in short term to change current course of strategy nor dividend. I think wait and see mode on at this point and Vienna early Dec OPEC+ extravegganca will dictate how next few months ahead play out. Don’t believe can get much worse North of the fence so only upside with all scailing back and seeking alternative transport means. The differential will subside to some degree and the same way there was no div increase when we were trending above guidance for several months, by the same token we will hold steady on the downside. I have bought another few thousand shares this week to take advantage. Not bang for buck would have imagined but will consider it a small token of generosity for my patience and suffering, lol.
Bullboard Posts