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.

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Bonterra Energy Corp > Why Not Sell the BC Gas assets?

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Post by bandit69on Apr 25, 2022 3:32pm

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Post# 34630001

Why Not Sell the BC Gas assets?

With NG so high why not sell the assets here? The Pembina is their brand/core why not stick with it?

I am not sure what the reserves and production levels are because I haven't dug too deep to find out but seems like a pretty good time to sell. Maybe pay down debt faster and get those dividends flowing faster. Or am I just being self serving? haha

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