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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 Resilience2on Sep 04, 2024 3:31pm
69 Views
Post# 36208525

RE:RE:Lol: keeping the share count ridiculously low = not problem

RE:RE:Lol: keeping the share count ridiculously low = not problem

Share price nothing to laugh about. But no control about that.

You're story just doesn't hold water though.

Debt is now ~ $ 5 mln lower, rest of the year debt looking to track presentation. In the low $ 130's basically 2 quarters from now. New CFO better connected.

MNT  & CLK wells doing great and just finished a 2,5 CLK lateral with everything going well. 

Production above target.

These guys are doing everything right. 

And those are facts. SP will do what it wants but can't change those facts. On an undiluted share count since Covid.

Adding on weakness. 

R.


 


 

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