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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

Post by mrmomoon Nov 20, 2020 3:34pm
923 Views
Post# 31942760

Comedy of errors.........

Comedy of errors.........Looking at this whole situation and actually pondering on it, wouldn't be COMICAL in a screwed up Karma sort of way if it's ACTUALLY Bonterra that buys Obsidian? I could almost hear the jaw drops & gasps from Bonterra holders now.......lol.......similar to this happy Bonterra s/h below. Oh dear the traversity of it all...........

https://www.youtube.com/watch?v=wDYNVH0U3cs

You gotta think the guys at Bonterra are REALLY thinking about. As they have the upper hand in a share swap deal. Remember folks, Fink & crew did NOT say they didn't want it. They said the offer wasn't sufficient.......lol..............BIG difference. Also folks must not forget that the Gov't loans are TEMPORARY measures to help the company get bye. It doesn't solve the core issues of the company or anyone else in the same boat. Imo, small fish like Bonterra & Obsidian are in the following situation.......get removed from the Canadian O&G scene by either going BK, getting boughout OR consolidate and get BIGGER ....for survival. I gotta believe that AFTER all this drama & effort.........Fink & Crew are thinking & probably aiming for that last option. Problem is......not many VIABLE options past OBE. Oh travesity.....lol


Good luck to all & nice dreams......


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