Director buying at Bonterra Energy (BNE)

Director buying at Bonterra Energy (T:BNE)

Bonterra Energy Corp. (BNE) has a high amount of executive buying compared to its mid-cap peers over the past three months.Aidan Murphy Walsh, a Director, acquired 3,000 Common Shares on a direct ownership basis at a price of $16.710 through the public market on May 18th, 2018. This represents a $50,130 investment into the company's shares and an account share holdings change of 52.6%.

Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. The Company's assets consist of crude oil and natural gas assets. Its oil and gas properties include Pembina and Willesden Green Area, Shaunavon Area and Prespatou Area. The Pembina and Willesden Green Cardium fields are its properties located in central Alberta. The Shaunavon properties are located in the Chambery field and produce medium density crude oil from the upper Shaunavon formation under waterflood. All of Bonterra's oil and natural gas properties are located in the Provinces of Alberta, Saskatchewan and British Columbia. Bonterra's oil and natural gas properties yielded average production is 12,650 barrels of oil equivalent (BOE) per day.