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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 > Main Reason I own
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Comment by churchofnutsaccon Nov 10, 2022 1:00pm
206 Views
Post# 35088965

RE:Main Reason I own

RE:Main Reason I own
SadieLadyCO wrote: this puppy because of the limted number of shares outstanding. I wish now I had sold at $9.30 and bought back but, I didnt. SO SO...I am certain that we should be back up to the $10.00 level again soon as long as the OIL price continues to its $100 level. Also I bought into PKI its a real steal at current price...WOW



Think of it this way, the buyback party is going to stop in 2024 and then shift to divvies. Bonterra, with such a small float, will not have to spend money on buying back a single share. The dividends will start in 2024. If people can't wait 18 months to get paid should probably go to the casino to play some slots instead.
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