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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
Post by Farmer12on Dec 20, 2019 3:59pm
149 Views
Post# 30478171

Liquidity

LiquidityWhat I said was that BNE was too illiquid to attract many institutional investors . For example, if BNE trades an average of 103,000 shares a day at around 3.85, we are looking at around $400,000 dollars a day of purchases. CM, for example might trade $200,000,000 per day. $100,000?could drive BNE up by 5%. $200,000 could drive BNE up by 0.25possibly?? That is what I meant, my brothers. I own the shares, let’s not split hairs. I like the firm, I like George Fink. That’s what I said, that’s what I think.
Bullboard Posts