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 > If Oil averages $77

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Comment by Resilience2on Feb 16, 2024 10:18am

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Post# 35884044

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:If Oil averages $77

Interesting.

I have raised Belly River with them as well and they do have a large technical document. I am hoping they might try something this year i/o cardium with oil prices high and gas prices tanking. 95% liquids and low decline. But that's probabably too optimistic.

Do you have contact with managment? otherwise would be good to stress the buyback at these prices at least to the amount of the 3.3 mln outstanding warrants @ $ 7,75. Looks like a no-brainer but they're not keen on buybacks yet.

R.

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