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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.


TSX:BNE - Post by User

Bonterra Energy Corp > $380000.00 Every Day
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Comment by bandit69on Jun 08, 2022 11:00am
110 Views
Post# 34740195

RE:RE:RE:RE:RE:$380000.00 Every Day

RE:RE:RE:RE:RE:$380000.00 Every Day
churchofnutsacc wrote: What's the possibility that we stay flat until earnings? As cheap as Bonterra is/was, others were even cheaper such as Surge and CPG, and those have caught up now within the past month.

Q2 earnings should be spectacular and if Bonterra stays flat until then it should compress the multiple.


Personally I think the odds are low.  Volume is strong for BNE and with upward price pressure.  $13 will being taken out as I type.  

Think garbage can.  These names are being pulled out one by one and most likely BNE is at the bottom of the can.  no fault of their own, just no promo.  But it will move fast due to the low float.  To what price?  I have no idea but I have said it before more than once, it is worth double right now without a dividend.  


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