Operator · Cardium Shale
Bonterra Energy Corp
39 articles mentioning Bonterra Energy Corp · Page 1 of 2
Bonterra Eneergy Corporation First Quarter 2023 Results
Bonterra Eneergy Corporation announced first quarter 2023 results. Highlights Production in Q1 2023 averaged 13,464 BOE per day, four percent higher than Q4 2022, driven by an active, front-loaded capital program along with the reactivation of...
Bonterra Energy Second Quarter 2022 Results
Bonterra Energy Corp. reported its second quarter 2022 results. Highlights: Production averaged 14,328 BOE per day in Q2 2022, 13 percent higher than Q2 2021, and averaged 13,810 BOE per day in the first six months...
Bonterra Taps New Chairman as it Separates CEO / Chairman Role
Bonterra Energy Corp. reported that Mr. D. Michael G. Stewart has been appointed Chair of the Board of Directors effective immediately, assuming the role from Mr. George Fink, who remains an active Director on the Board...
Bonterra Energy Adds Director to Board
Bonterra Energy Corp. has appointed D. Michael G. Stewart to its Board of Directors, effective March 17, 2021. Mr. Stewart currently serves on the board of TSX and NYSE-listed TC Energy and brings more than 40...
Bonterra Energy Third Quarter 2020 Results
Bonterra Energy Corp. reported its Q3 2020 results. Q3 Highlights: Averaged 10,004 BOE per day of production in Q3 2020 and 10,737 BOE per day in the first nine months of 2020, 18 percent and 13...
Obsidian Files Hostile Takeover Bid for Cardium-Focused Rival Bonterra
Obsidian Energy Ltd. is moving forward with its hostile takeover of Cardium-focused rival Bonterra Energy Corp. Obsidian intends to purchase all of the issued and outstanding common shares for consideration consisting of two common shares of...
Bonterra Energy First Quarter 2020 Results
Bonterra Energy Corp. reported its Q1 2020 results. Q1 in Review In the first quarter of 2020, the COVID-19 pandemic, and supply and demand imbalance stemming from OPEC+ policy changes, combined to create unforeseen challenges for...
Bonterra Talks Q3 2019 Results, Drilling
Bonterra Energy Corp. reported its Q3 2019 results. Year-to-date in 2019, Bonterra has remained committed to balancing its debt reduction strategy with the development of its high-quality, light oil-weighted assets concentrated in Alberta’s Pembina and Willesden...
Bonterra Details Q2 2019 Results; Focuses on Debt Reduction
Bonterra Energy Corp. reported its Q2 2019 results. Throughout the second quarter of 2019, Bonterra continued to focus on both its debt reduction strategy and the further development of its high-quality, light oil-weighted assets that are...
Bonterra's Lenders Make Slight Cut to Company's Credit Facility
Bonterra Energy Corp. reported a decrease in its credit facilities. Following the annual review of its credit facilities, Bonterra has announced amended credit facilities of a $300 million syndicated revolving credit facility (down -9% from the...
Bonterra Reports Q1 2019 Results
Bonterra Energy Corp. reported its Q1 2019 results. Highlights: As at and for the three months ended March 31, 2019 December 31, 2018 March 31, 2018 ($000s except $ per share) FINANCIAL Revenue - realized oil...
Bonterra Touts Strong Output in Q2; Plans to Spend Most of Budget in Q3
Bonterra reported its Q2 2018 results. During the second quarter of 2018, Bonterra continued to focus on the development of its high quality, light oil weighted assets focused in Alberta’s Pembina Cardium area and achieved production...
Bonterra Reports 13.3 MBOEPD in Q3; Drills 24 Wells in First 9 Months of 2017
[Summary: Bonterra reported its Q3 results. Highlights include: Capital expenditures from Q3 were $14.1 million, compared to $17.4 million in the previous year Reported average daily production of 13,281 boe/d, a slight increase from 13,298 in...
Bonterra's Credit Facility Renewed at $380MM
The facilities are comprised of a $330 million syndicated revolving credit facility, and a $50 million non-syndicated revolving credit facility.
Cardium Operator Spending 75% More in 2017; $70 Million
The company also predicts a modest 5% increase in production YOY.
Bonterra Ramps Up Spending, Activity in Q2
Bonterra Energy Corp. reported its operating and financial results for the three and six months ended June 30, 2016.
Bonterra Energy Lenders Shave Borrowing Base
Bonterra Energy Corp. announces that following a semi-annual review of its credit facilities that its borrowing base has been cut a mere 10% from $425 to $380.
Bonterra Focuses On Cost Reduction in 1Q; Completes Six Wells
Bonterra Energy Corp. reported its operating and financial results for the three months ended March 31, 2016.
Bonterra Drops 2016 Capex to $40 Million; Updates 4Q Ops
Bonterra's capital expenditures budget for 2016 is set at approximately $40 million compared to the 2015 capital budget of $58 million.
Bonterra Touts Cardium Acquisition; Talks 2Q Results
On April 15, 2015, the Company acquired Cardium oil and gas assets in the Pembina area for $170.4 million.