Bonterra Energy Corp.

Bonterra Energy Corp. is pleased to announce its operating and financial results for the three and six month periods ended June 30, 2023. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis , are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. FINANCIAL AND OPERATIONAL HIGHLIGHTS Three months ended Six months ended As at [...]

Bonterra Energy Corp. announced that at its annual and special meeting of shareholders held on May 18, 2023, a total of 15,687,804 shares, representing 42.19% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular dated April 3, 2023, including the election of each of the six nominees proposed as directors. The detailed [...]

Highlighted by an Active Capital Program Driving Record Production in April 2023 Bonterra Energy Corp. is pleased to announce its operating and financial results for the three month period ended March 31, 2022. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis , are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com [...]

Bonterra Energy Corp. today announces that the Company's founder, former CEO, and current Director, George F. Fink, will not stand for re-election at Bonterra's upcoming Annual and Special Meeting of Shareholders on May 18, 2023. The Board has conferred on Mr. Fink the honorary title of Director Emeritus, which will take effect immediately following his formal retirement from the Board. The Board will continue to benefit [...]

5% Growth in production & 53% increase in oil & gas sales 77% Increase in funds flow1 and 182% growth in free funds flow1 contributed significantly to improving the balance sheet 44% lower net debt drove leverage ratio down to 0.8X while strategic debt restructuring affords Bonterra enhanced liquidity with approximately $17 million drawn on a $110 million bank credit facility Bonterra Energy Corp. is pleased to announce [...]

Bonterra Energy Corp. is pleased to announce the summary results of its independent reserve report prepared by Sproule Associates Limited with an effective date of December 31, 2022, and provide an operational update on key fourth quarter highlights and recent activities. The Company has not released its audited 2022 financial results, and therefore the financial figures provided herein are estimates and are unaudited [...]

Bonterra Energy Corp. announced today that the Company's Board of Directors has approved a fully-funded 2023 capital expenditures budget ranging between $120 to $125 million, which is expected to grow production volumes through the year to exit 2023 between 14,100 and 14,400 BOE per day3 with annual average production between 13,500 and 13,700 BOE per day1. This budget incorporates measured capital allocation [...]

Bonterra Energy Corp. is pleased to announce the completion of the restructuring of the Company's debt capitalization through the closing of two new credit facilities. The New Credit Facilities are comprised of a $110 million first lien secured credit facility ; and a $95 million second lien secured term debt facility. Simultaneously with the closing of the New Credit Facilities, the Company has fully repaid its $47 [...]

Bonterra Energy Corp. is pleased to announce its financial and operating results for the three and nine month periods ended September 30, 2022. The related unaudited condensed financial statements and notes, as well as management's discussion and analysis , are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. HIGHLIGHTS Three months ended Nine months ended As at and for the periods [...]

Bonterra Energy Corp. , a conventional oil and gas company with assets and operations based in Western Canada, and Trido Energy Services , a Centurion company and leading provider of sustainable and innovative solar-powered production equipment to the energy industries based in Calgary, Canada, are pleased to announce the completion of the first two phases of a joint emission reductions program under Trido's carbon credit [...]