Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 kavern23on Jun 20, 2023 7:57pm
153 Views
Post# 35506308

RE:RE:RE:RE:RE:This company needs an NCIB

RE:RE:RE:RE:RE:This company needs an NCIBAnd cheers and good luck, hope you do well! A person never knows for sure what can happen.
So many scenario s going forward exist each way.

Biggest bearish thing going forward is governments of two largest economies of the world, USA and China are making rapid efforts and polciies to lower fossil fuel use.    The past data doesnt matter, China will eventually turn the tide and lower fossial fuel use.

Not only can China throw money at the problem they can also regulate and make policies discoruaging the car industry from making combustion engine vechiles.

China over built on coal power plants as they want the power generating capacity to electrify transportation as much as possible. Rural China adoption is not happening but the government can slowly just force citzens to ev s through power to make policy.

A person can still make money on energy stocks  through the cycles but cycles are likely to happen.
Nobody can predict the time and month it will hit low or high.

At some point it will be news out of China of lower demand that will likely cause the fall. Whenever that happens it will effect USA oil inventory and product supply builds. USA has to throttle at max exports levels to hold 70 oil and china has to hold or supply will overwelm in the USA.


<< Previous
Bullboard Posts
Next >>