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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 > This company needs an NCIB
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Comment by TheRexmemberon Jun 16, 2023 11:21pm
118 Views
Post# 35501392

RE:RE:This company needs an NCIB

RE:RE:This company needs an NCIB

Where we differ is that they can spend 65-75 million and stay flat. No need to shrink anything. At least 700 drilling locations left with current land. 

instead of drilling 12 wells in Q3 drill 8. Or do both because cash flow still looks solid.


but have some sort of ncib to deal with the poor liquidity and sop up the cheap stock. The debt dragon is slayed. Next idea. 

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