Exploration & Production
Bonterra Energy Announces Record Production in 4Q 2011
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Bonterra Energy Corp. is pleased to provide an operational update
Bonterra continued to develop its Cardium halo acreage in 2011, drilling 21 gross (15.3 net) horizontal wells. The Company also successfully participated in drilling two gross (0.3 net) main Cardium pool wells in the Berrymoor Unit which followed up a successful program of five gross (0.75 net) wells drilled in the unit in 2010.
Results to date have been extremely encouraging with the majority of these wells outperforming expectations.
The year 2011 saw a marked increase in industry activity within the main Pembina pool with expanded horizontal infill drilling programs by a number of Bonterra's peers. Positive results to date suggest that a significant recoverable resource remains. Bonterra has identified 550 gross (350…
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