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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

Comment by snowshoedbon Mar 03, 2021 2:49pm
99 Views
Post# 32706948

RE:Quite the volume over here

RE:Quite the volume over hereif oil doesn't exist in the future... then the obsidian offer (insult) is no better.

If Obsidian weren't so overloaded with Asset Retirement Obligations (ARO) and had a permanent Management Team who was committed & had the financial depth to execute  on the Cardium Champion Vision... then the offer would be interesting.

But since OBE lacks in management commitment and management hasn't any demonstratable experience of a successful turn around. I think its better to stay with Fink and Co
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