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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 > Cardium land
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Post by TheRexmemberon Jul 20, 2024 6:39pm
243 Views
Post# 36141431

Cardium land

Cardium land

I wonder If it is Whitecap marketing some of their cardium land? 

If they take a run at Chevron's assets maybe they dispose of some land to keep debt and dilution down. Might be a bit of a token sale to appease shareholders who are annoyed with serial takeovers. 

Veren is the logical buyer of the Chevron assets but there would be an insurrection after. 

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