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 > Awful Deal....BAD move!

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Comment by kavern23on Mar 06, 2024 1:31pm

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Post# 35918512

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

My other comment would be low NG prices could be the reason why BNE even had a chance to get this property.

Archer is drilling charlie lake wells by laglace and with low NG prices...probaby dont have cash to drill in bonazana as well.

Low AECO is really putting strain on smaller companies.

From Certus to Archer...low Aeco probably made decisions for these companies.

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