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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 Bluejaysoileron May 02, 2019 12:16pm
68 Views
Post# 29701366

RE:RE:What makes me sick is weak exchange rate.

RE:RE:What makes me sick is weak exchange rate.
you are right in a sense but without pipelines we don't really get the max benefit out of it. We cannot sell our cheap oil to Asia and to US we are even using railways. What a stupid situation. Moreover we pay as much at the gas station as 5 years ago. I don't know if I ever recover from my loss but even if I do , the value if the money is way cheaper than it used to be due to weak Canadian $, we even pay premium for apple and orange at the grocery because we have to import every single thing. I can even afford to travel to the US either. I'm swear if I ever recover I will never look back to oil stuff. Only reason I bought oil stocks 5 years ago was I wanted to invest in Canada and I should have invested in the US...
Bullboard Posts