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.

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Bonterra Energy Corp > Ofc they have money: Capital & Liquidity

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Comment by Lurkzieson Nov 07, 2024 10:11am

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Post# 36300918

RE:Ofc they have money: Capital & Liquidity

Totally agree. I think a small steady market buyback of 25k shares a day, for 3 months, 57 days. 1.5m shares. Max price of $5.

This would increase value, stabilize price, and would give the company more time to get ready for a divy. I'd be very happy with a buyback till starting in December to March, then a divy in midsummer/fall.

but BNE needs to start focusing on providing more timely information (monthly drilling/production updates), and try to start increasing shareholder value a bit.

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