10% holder selling at Bonterra Energy (BNE)

10% holder selling at Bonterra Energy (T:BNE)

William Oberndorf, a 10% Holder, disposed of 220,000 Common Shares on a control or direction basis for registered holder Bill and Susan Oberndorf Foundation at prices ranging from $12.474 to $13.155 between June 8th, 2022 and June 10th, 2022. The insider also disposed of 64,600 Common Shares on a control or direction basis for registered holder Bill and Susan Oberndorf Foundation at a price of $10.077USD on June 9th, 2022. This represents a $3,676,360 divestment of the company's shares and an account share holdings change of -7.4%.

Bonterra Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Bonterra Energy Corp. is a Canada-based conventional oil and gas company with operations in Alberta, Saskatchewan, and British Columbia. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. The Company's operating areas includes Pembina Cardium and other areas, which include Saskatchewan and Northeast British Columbia. The Company's upstream oil and gas assets are primarily focused on the development of the Pembina and Willesden Green Cardium lands within central Alberta. The Pembina Cardium reservoir is the conventional oil reservoir in western Canada that features original-oil-in-place. The Company has Shaunavon properties in the Chambery field which produces crude oil from the upper Shaunavon formation under waterflood. It also has assets in the Prespatou area of Northeast British Columbia, which consists of natural gas and associated natural gas liquids.