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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 kavern23on Mar 10, 2021 9:35am
82 Views
Post# 32761496

RE: Cue the drama queens

RE: Cue the drama queensI am not a drama queen...I mean I stated yesterday that ironcially BNE was likely to not drop today as those results made the takeover more likely to pass.

Tell me Blackdog...why didn't BNE management touch on the plan for the end of June in regards to debt?  I don't see the word "extendible" on the debt faculty....


blackdog wrote: Save your hysterics. Nothing reported yesterday is a surprise; it was all baked in and is all history now.  Last year was (putting it mildly) a challenge for all the companies, and very few have 2020 numbers that anyone would brag about.

Bonterra survived another tough year; it has a plan; it can finance the plan; and prices look set to support (perhaps more than support) this.  2021 will (we trust) be a turnaround year and Q1 progress (so far) looks set to launch this.

If you want to comment on OBE here, remind me again how many wells it has planned for this year. And what the status of its credit review is? Or the sale of its non-Cardium production?  And who is the CEO (interim or otherwise) today?  Might ad there there is a lonely post on the OBE board bemoaning the fact that no one seems to have any interest in the company; if you went back there your efforts would be more appreciated.

Twenty more days and “the offer” dies (yet again). Hopefully for good.


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