Bonterra Energy (BNE) has notable insider buying

Bonterra Energy (T:BNE)

George Frederick Fink, CEO, Director and 10% Holder executive, acquired 100,000 Common Shares on a direct ownership basis at a price of $1.670 through an exercise of options on November 29th, 2022. This represents a $167,000 investment into the company's shares and an account share holdings change of 2.3%.

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 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 over 230 net sections of land and over 20 years of drilling inventory including 300 net booked and over 700 net internally-identified multi-zone locations. The Company has Shaunavon properties in the Chambery field, which produce medium density crude oil from the upper Shaunavon formation under waterflood. The Company also has assets in the Prespatou area of northeast British Columbia, which consist almost entirely of natural gas and associated natural gas liquids.