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 > This Price is not going to last

<< Previous

Bullboard Posts

Next >>

Comment by TheRexmemberon Aug 06, 2024 9:53pm

164 Views

Post# 36166883

RE:RE:RE:This Price is not going to last

They need an NCIB. Nothing major. 1-2 million shares a year would clean up a lot of the markets sloppiness.

The new model is a small but growing dividend, constant buybacks and growth by acquisition.

looking forward to Q2 next week. Oil is trading right now at the same price as they used in the presentation updated after Q1. Should be about 10.00 higher for the Q. Gas prices are fugly but lots of hedges in there.

interested to see how it washes out.

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing