Dividend Information

Amount: Cdn $0.30
Ex-Dividend Date: 2014-10-10
Record Date: 2014-10-15
Payment Date: 2014-10-31

Location

Head Office
Suite 901, 1015 4th Street S.W.
Calgary, Alberta, Canada
Telephone: (403) 262-5307
info@bonterraenergy.com
BNEC$50.670.781.563%

Last updated: Oct 31, 2014 16:00 ET

Company Overview

Bonterra Energy Corp. is a high-yield, dividend paying oil and gas company headquartered in Calgary, Alberta, Canada with a proven history of creating growth and long-term value for shareholders on a per share basis. Bonterra has paid a monthly dividend (distribution)since inception and intends to pay approximately 50 to 65 percent of funds flow to investors. Bonterra’s successful performance is due to its experienced management team, conservative capital structure and sustainable pace of development.

The company’s asset base consists of concentrated, stable and underdeveloped properties located across western Canada with large amounts of remaining oil still in place, a long reserve life and low-risk drilling locations. Bonterra is the third largest operator in the Pembina Cardium, the largest reservoir in Canada and the company’s operations are currently focused on creating value through the execution of its Cardium horizontal drill program and efficient operating practices.

Yield 

Bonterra’s business strategy is to provide income to shareholders on a monthly basis in the form of a dividend and to generate above average returns for shareholders over time through the development and expansion of its high quality asset base. The company's conservative capital structure along with its large drilling inventory and efficient horizontal drilling program positions the company well to continue to provide superior value to its shareholders.

Sustainability

Bonterra’s operations are characterized by a long reserve life index and low risk, predictable returns. The company focuses on the sustainable development of its asset base through a steady pace of development and efficient operating practices. Bonterra's implementation of new drilling and completion methods have decreased costs and improved well performance and reserve recovery. The company will continue to execute its disciplined approach to operations in 2014 and beyond to maximize shareholder returns on a long-term basis.

Growth

Bonterra’s track record of production, reserves and dividend growth on both a total and per share basis remains unparalleled in the Canadian energy industry. Bonterra has steadily increased its holding in the Cardium and in 2014, Bonterra's capital development program will mainly target light oil prospects in the Pembina Cardium Field, most notably focused on development in its Carnwood area holdings. Bonterra will maintain its focus on providing superior growth to shareholders balanced by conservative financial management.

 

Bonterra shares trade on the Toronto Stock Exchange: BNE