Bonterra Energy Corp. is a high-yield, dividend paying oil and gas company headquartered in Calgary, Alberta with a proven history of growth and long term returns for investors. Bonterra's strategy is to maximize value for shareholders through the effective development of our asset base and by maintaining balance sheet strength and a conservative capital structure while paying out a monthly dividend.

On May 15, 2001, Comstate Resources Income Trust was established and on January 31, 2002 the Trust merged with the former Bonterra Energy Income Trust and continued on under that name. Cumulative cash dividends (formerly distributions) paid to unitholders since inception now total $16.55 per share at the end of 2008.

On November 12, 2008, Bonterra converted back to a corporation to remove the continued lack of clarity and uncertainty caused by the Canadian federal government's trust taxation legislation. Bonterra is now better-situated to continue providing income oriented investors with a substantial cash yield and higher after-tax earnings as dividends are taxed at lower rates than distributions. Bonterra intends to continue with a cash dividend policy similar to the distribution policy previously followed by the trust. The monthly dividend amount will continue to be determined by commodity prices and production volumes.

Bonterra's asset base consists of stable, producing properties located mainly in the Pembina field in central Alberta and are characterized by a long reserve life and low risk, predictable returns. Additionally, Bonterra's land base of approximately 150,811 net acres has several additional development opportunities as well as the potential to create value through land monetization, farm-outs and exploration joint ventures.

Bonterra's proven track record of success is due to its experienced management team, conservative capital structure and sustainable pace of development, resulting in above-average results and returns for investors.