Bonterra Energy Corp T.BNE

sentiment is winning

[Flush11]

hopefully fundamentals show some decent crude draws over the next month. I would be happy with an average of 80 dollar crude for the year. Not enough to tank the economy, high enough to earn a decent return.

some commentators on Russian exports seem to think their exports have dropped about 450k barrels per day over the past month. No idea if accurate.

Still a bizarrely high drilling rate from gas producers in the united states. I know of a few smaller drillers that have added some DUC's not sure if it is a big trend yet...

If the Iran deal is signed, we will see how much additional production they can bring to the market.

[kavern23]

I don't think oil can trade at 80 until a serious correction that has to happe first. Production is getting to high in USA because it is too profitable not to produce hard....both oil and gas production is very strong in the USA and only is getting stronger.  Liquids wise counting condy and NGL's...USA is at an all time production high. All OPEC has done by doing three cuts in like