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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 TheRexmemberon Dec 06, 2023 8:46pm
207 Views
Post# 35772196

RE:RE:RE:RE:RE:bought a little more today too Blackdog

RE:RE:RE:RE:RE:bought a little more today too Blackdog

For sure the most exciting since I followed them. I think Ovintiv or cnrl has some plant capacity in the area. No idea if they will come to terms though. 

no point in spending money to leave it behind pipe now that the expiry has been addressed. 


this stuff is hard to buy when prices are dropping and way less interesting to look at.


No way is 70 dollar oil going to last a long time though. Especially with craap gas prices double impacting revenue. Three rig programs just turned into two rig programs next year...

maybe this will also tune in the big condy drillers so AECO can recover a little too. 

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