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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 Rational43on Sep 15, 2023 10:57pm
180 Views
Post# 35639447

RE:nice website and a September presentation update

RE:nice website and a September presentation updateI hope they cancel all talk of a dividend and start using FCF to buyback shares at 2 x CF, for as long as the market gives it to them.  

If you don't know why, check out the share price of Alpha Metallurgic Coal, which is what happens when you relentlessly buy back shares instead of trying to grow production.  
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