Operator · Cardium Shale
Bonterra Energy Corp
39 articles mentioning Bonterra Energy Corp · Page 2 of 2
Bonterra Raises Funding for 2015 Drilling
The net funds raised will be used to reduce debt and to fund ongoing drilling operations.
Bonterra Expands Credit Facility
Increase to the existing credit facility commitment to CDN $425 million from CDN $250 million.
Bonterra's 2014 Production Increased 8%
Record average daily production for the full year of 13,195 boepd.
Bonterra Announces 2015 Capex
Capital expenditures for 2015 are currently budgeted to be approximately $58 million compared to the 2014 capital budget of $140 million;
Bonterra to Complete 9 Wells in 2015
Completion of nine wells in Q1 2015 which were drilled 2014, continue with a single rig under pad development
Bonterra Energy Updates Third Quarter Operations
Focus its drilling and completions activities in the Carnwood field, where approximately 70 percent of its capital will be allocated.
Bonterra Exploiting Carnwood with Pad Drilling Program
Outer edges of Carnwood area delineated, the Company increased well density with a targeted pad drilling program.
Bonterra Boosts Budget to Drill Six Additional Wells
Drill an additional 6 gross (5 net) wells in Q4 2014.
Bonterra Grows Quickly with Spartan Acquisition and Cardium Drilling
In 2013, Bonterra's focus to developing its Cardium acreage shifted to main pool development and the optimization of overall recoveries.
Bonterra Drills 15 Cardium Wells in Q2; Achieves Records
The Company has maintained its full year 2013 average daily production guidance at 12,000 boe per day.
Bonterra Plans Bought-Deal Financing to Fund Cardium Ops
The net proceeds of the Offering will be used to increase Bonterra's capital expenditure program to further develop and exploit its Cardium properties, and for general corporate purposes.
Bonterra Betting $90MM CapEx on Cardium
In addition, Bonterra recently completed the acquisition of Spartan Oil Corp., increasing its current production to approximately 13,500 BOE per day.
Bonterra, Spartan Detail Potential Merger; Cancellation of Pinecrest Deal
In light of the potential merger deal between Bonterra and Spartan Oil, the previous merger plans between Spartan and Pinecrest have been terminated.
Bonterra, Spartan in Talks to Create Cardium-Focused Producer
The potential merger between Spartan Oil and Bonterra Energy would create a Cardium-focused light oil producer with a concentration in the Greater Pembina area of Alberta.
Bonterra Energy Announces 3Q 2012 Cardium Results
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Bonterra Energy Announces 2Q 2012 Cardium Results
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Bonterra Energy Announces Cardium Drilling Update
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Bonterra Energy Announces 4Q and Year End 2011 Results
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Bonterra Energy Announces Record Production in 4Q 2011
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