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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 mrmomoon Mar 06, 2024 7:35am
108 Views
Post# 35917447

RE:RE:Awful Deal....BAD move!

RE:RE:Awful Deal....BAD move!TheRexmember wrote:
"Probably time for you to move on to something managed by someone else. Clearly this isn't your thing."


It's probably time for EVERYONE to move on from this silly company. I think i've already made my intentions clear and there's no need for you to repeat the obvious & what i've already done. Not too sure why you're getting upset & frustrated with me by simply stating the pure facts and what should be very obvious, worrisome for holders. Don't shoot the messanger, take your anger out on the company's mgmt....not me.

The facts are that the company not only GROSSLY overpaid for these assets, but strategically speaking, this WAS NOT in the best interests of s/h. Bonterra is an insignificant micro-cap who should have been looking for a "strategic" dance partner to merge with. Not this B5 by adding a paltry 300 bbls from non core assets at completely overvalued metrics.  BAD move, BAD timing, BAD purchase......just all around a BAD deal. You can't even justifiably defend this move in ANY shape or form......that's how BAD this deal is.....

And YES i have moved on... in case you didn't get it the first time.......and so should everyone you & else BEFORE the company's mgmt makes another REDiculously BAD move.....

GLTA


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