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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 Loudermilkon Apr 16, 2019 5:12pm
56 Views
Post# 29635825

RE:Toxic SPR oil = $100 WTI ?????

RE:Toxic SPR oil = $100 WTI ?????There seems to be a few catalysts in play all starting with Trump screwing the Saudis with the Iran sanctions and following it up with a tweet that destroyed crude prices. Fast forward to today and seasonality is on oil's side right now, too, but if oil ever rallies over $100 I'd recommend going short the S&P with the gains you get here. It won't be pretty.
Bullboard Posts