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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 Hendrick3on Sep 06, 2024 5:29pm
72 Views
Post# 36212572

RE:Short are going to circle...

RE:Short are going to circle...Shorts who are just starting to circle may have missed the boat. I would imagine the smart shorts are just looking for their best timing to cover having already shorted a couple of weeks ago. Such an illiquid stock moves lightning fast in both directions.  We have seen the down but the up might be coming any day. CEO insider bought 20,000 shares reported today just under $4. 
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