Bonterra Energy Corp.

Bonterra Energy Corp. is pleased to provide an operational update and confirm that it has finalized its credit facility redetermination with its syndicate of lenders. Operational Update Bonterra is pleased with the progress and success realized from its 2022 drilling program to date, targeting high rate-of-return, low-risk light oil opportunities. The Company brought on production 24 gross wells through the first five [...]

Bonterra Energy Corp. announced that at its annual meeting of shareholders held on May 18, 2022, a total of 18,125,596 shares, representing 50.69% of common shares outstanding, were represented in person or by proxy. Shareholders approved all resolutions listed in the management information circular dated April 13, 2022, including the election of each of the six nominees proposed as directors. The detailed results of the [...]

Highlighted by 184% Funds Flow Growth CALGARY, AB, May 10, 2022 /CNW/ - 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. HIGHLIGHTS As at [...]

Bonterra Energy Corp. is pleased to announce its operating and financial results for the year ended December 31, 2021. The related financial statements and notes, as well as management's discussion and analysis for the year ended December 31, 2021 and annual information form as of December 31, 2021 are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. HIGHLIGHTS As at and for the [...]

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, 2021, while also providing an operational update on key fourth quarter highlights and recent activities. The Company has not released its audited 2021 financial results, and therefore the financial figures provided herein are estimates and are [...]

Bonterra Energy Corp. announced today that the Company's Board of Directors has approved initial 2022 capital guidance ranging from $55 to $65 million, which incorporates measured capital allocation with the optionality to adjust spending dependent on the strength of the commodity markets as recovery from the COVID-19 pandemic continues. Fully Funded 2022 Capital Guidance Building off a successful development program in [...]

Bonterra Energy Corp. is pleased to announce that it has closed its previously announced $7.5 million follow on brokered private placement debt financing . The Follow On Offering consisted of 7,500 units issued at a price of $1,000 per Unit and have the same terms as the Units that were issued pursuant to the initial brokered private placement which closed on October 20, 2021. Each Unit was comprised of one senior [...]

Bonterra Energy Corp. today announces its operating and financial results for the three and nine month periods ended September 30, 2021. 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 ended [...]

Bonterra Energy Corp. is pleased to announce an increase to its previously announced $5 million follow on brokered private placement debt financing to an aggregate of $7.5 million of units . Each Unit will be comprised of one senior unsecured debenture with a face value of $1,000 which will bear interest at 9.0% per annum and have a four-year term plus 56 common share purchase warrants , with each Warrant exercisable to [...]

Bonterra Energy Corp. is pleased to announce that it has successfully closed a brokered private placement debt financing , enhancing financial flexibility and achieving its goal of restructuring all bank debt to a fully conforming revolving credit facility. The Initial Offering consists of an aggregate of 32,000 units of the Company, with each Unit being comprised of one senior unsecured debenture , with a face value of [...]