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 CashGreenGoldon Apr 16, 2019 3:25pm

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Post# 29635050

RE:RE:RE:RE:RE:$10 Million Loan

No issue. And there shouldn't be any worry.

It's just a simple loanarrangement George made to the company a few years ago. It get's recognized in the current liabilities because it's callable. But it's small amount, relatively speaking - less than a qtr's free cash. And it's George. I'd rather have the money owing to George than anyone. He also has an equity interest to protect, so it's about as favorable a creditor you could get.

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