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.

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Bonterra Energy Corp

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Comment by efficientmyasson Mar 22, 2019 10:21am

43 Views

Post# 29522475

RE:RE:RE:RE:Short position at mid month March (chart)

where have the funds been as the float has turned over more than 1.5 times in the last 6 months? no shortage of liquidity and if you're bullish crude, the valuation should have been more than a little appealing. This was a chnace for them to load up if they wanted, yet.....crickets.

how does taking stock off the table not improve the situation we are dealing with re persistent short selling when it adds another actual bidder to the game? the timing is right too.... because of the elevated volume over the last 6 months, the whole process could be expedited (less than 6 months IMO).

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