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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

Post by bandit69on Jul 27, 2022 6:34pm
204 Views
Post# 34855320

Tourmaline $2 Special Dividend

Tourmaline $2 Special DividendThis is how it's done. https://mobile.twitter.com/SadBillAckman/status/1552401365057425409 I realize ROC is coming here...some year....but I keep wondering if they'll start conservatively at a ridiculously low level. I realize, and agree with church that they were paying out too much in dividends before, I even wrote about it several years ago even prior to dividend cuts and I certainly don't want them to go down that road again but the float is 36MM shares. Easy to pay $2 minimum to start with cash left over for special dividends although I still prefer an outright sale of the company.
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