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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 Jnasty2pointOon Aug 27, 2024 1:58pm
116 Views
Post# 36198050

RE:Downward Ho

RE:Downward HoThe cardium is out of runway and they have had to make some extremely risky moves. There has been no improvement yet and sufficient debt reduction has stalled. Beware of the pumpers trying to hype things up on half truths or straight out lies. Add the shitty oil price in and you have something that's going lower until both the price and the company turns it around if it does at all. Good luck
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