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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 21, 2022 8:14pm
118 Views
Post# 34841996

RE:RE:RE:RE:RE:Question Debt

RE:RE:RE:RE:RE:Question Debt
SadieLadyCO wrote: I think you may be wrong regarding selling. The world will need more and more oil as time goes buy and if the price of oill dips below $80 a barrel no one will invest. Tight supply is coming. Also the OIL bears are pulling out every concevable argument against oil and OIL is still above the $90 thereshold.


We can disagree.  It's ok.  I look at it as it has been an underperformer for years long before the pandemic.  They were paying out too much which started around 2013 if I remember correctly (I have already reviewed the financials for past years but forget exact numbers for such)  The only way we will see value unlocked is by changing of the entire guard to fresh eyes and perspectives or a sale.

Just my opinion but I feel strongly that's the way it should go.

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