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.

TSX:BNE - Post by User

Bonterra Energy Corp

Bullboard Posts

Post by GasPro2017on Jun 21, 2019 11:09pm

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Post# 29851932

Back to $5?

There is a gap that needs to be filled from $5 to $5.11 from this week.

Today we saw one gap get filled, and that was the gap from $5.35 to $5.5

I wouldn't be a bit surprised to see the Iran tension settle down, and WTI fall a couple bucks next week. Perfect opportunity for the shorts to pile in and fill that gap down to $5. Then of course, it could esilty test the high $4 range again

I'll be a buyer around $4.90-$5, should it get there.

My belief is its one step forwards, and two steps back.

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