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

Comment by GasPro2017on Jun 25, 2019 9:25am

33 Views

Post# 29859705

RE:Massive Dividend party of the past is over, I'm expecting

I want shares, but I wouldn't pay more than $5 right now.

I think oil is being propped up by Iran tensions at the moment, and that fear is subsiding -so oil ould soften by a few bucks. When that happens, BNE always takes a bigger hit than other stocks.

BNE paying down debt is going to take a long time -years, not months. Same can be said of pipelines getting built.

Then we have a gap to fill at $5, which means it could fall below $5 based on people getting scared.

I'll feel comfortable buying around $4.9-$5

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