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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 bandit69on Jul 20, 2022 11:39am
126 Views
Post# 34837167

RE:Question Debt

RE:Question DebtIt's not the debt that markets are looking at it is the lack of returning of capital to shareholders and the lack of plan or comments to do so.  It's that simple.  Why invest here when everyone else is throwing cash around to share holders.  If they ever decide to do the right thing and inform shareholders of such then the share price will begin to re-rate.

Maybe I am also not the only one who sees that writing cheap options during a price crash due to poor performance is a problem and indicates some cronyism on the board because that's not looking out for shareholders interests in my opinion.  For years common shareholders have been hammered (still are) and have been for a long time yet options have been issued regularly along with salary increases for management along the way.  Does that sound like shareholder alignment?  Nobody in their right mind would think this is "alignment".  Warren Buffett has never written an option throughout BRK's history because is truly in alignment with his shareholders and certainly would never write cheap options after a price crash to less than a dollar due to poor management decisions (i.e. his own decisions).  Never.  He truly values his shareholders and it shows in actions and in words.


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