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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

Post by mrmomoon Jan 11, 2024 8:45am
302 Views
Post# 35821020

Merge or die?

Merge or die?Hello again folks......its been sometime since my last posts on this forum. Well over 2 years at the very least.......during that unfortunate OBE-BNEdebacle. Some of oyu MIGHT remember me, some might not during that period. As i recall, in 2020 Bonterra/Obe & many others were in "some" diffculty and VERY close to BK, and some like Obsidian were considering some "alternaives" via M&A to make it through that tumultuous period. Which of course as you all know, ended up with the Obsidian folks making several overtures & offers "you cant refuse" to Bonterra s/h & Mr. Fink.  And as you all know again.......nothing EVER materialized from those discussions as they faded away...

Now it's almost 4 years since.....things have drastically changed and it MIGHT be a good time to revisit that time again and maybe reconsider the offer. Why? Because for both OBE & BNE and it's s/h its a matter of survival and looking towards the future. So for those of you that interested in the subject matter and are eager, intrigued to see what i posted, please visit the link below and read my comments & views i made on the OBE forum.

https://stockhouse.com/companies/bullboard?symbol=t.obe&postid=35820994


Enjoy! And i hope it helps you in some way...............


GLTA

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