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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 Nov 21, 2022 11:23am
163 Views
Post# 35115402

RE:Wow short trades on BNE

RE:Wow short trades on BNE
SadieLadyCO wrote: are  increasing. So  all BNE stock has to do is get back up above $8.00  and  the shortcoviring will push bne to above $9.00 in a very very short time.


Nah.  Heard it a million times in markets "shorts gonna get crushed". Rarely happens.  

The November 15 short position is out and it's the highest short position for BNE since July 2020.  

Oil is in freefall and of course equities are running with it.  The time is getting good to write new options.  Just not for you.  Peasant shareholders can wait longer for your rewards here but I think the reward appears to be losing your shirt. Lol
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