Bonterra Energy Corp. is a high-yield, dividend paying oil and gas company headquartered in Calgary, Alberta with a proven history of creating growth and long-term value for investors on a per share basis. Bonterra's successful performance is due to its experienced management team, conservative capital structure and sustainable pace of development. The Company's operations are currently focused on creating value through the execution of its Cardium horizontal drill program and efficient operating practices, resulting in superior returns for investors.

Growth

Bonterra is focused on providing investors with continued superior growth on both a total and per share basis. 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. The success of the Company's Cardium horizontal drill program will continue to drive future growth and maximize long-term value for shareholders. 

Performance

Bonterra provides income in the form of a monthly dividend and has consistently generated strong returns for investors.  The Company has over $408 million in tax pools which currently extens Bonterra's tax horizon past 2016, allowing the Company to target a payout ratio of 55 to 70 percent of funds flow.  

Sustainability

Bonterra is focused on the sustainable development and efficient management of its high-quality, low-risk asset base. By operating approximately 84 percent of its production, Bonterra maintains a high degree of control over the pace of its capital program and costs incurred.  The Company anticipates spending approximately $60 million in 2011 and drilling 26 gross (17.7 net) wells with the majority in the halo area of the Pembina Cardium and Willesden Green fields and in the main pool of the Pembina Cardium. 

Bonterra shares trade on the Toronto Stock Exchange: BNE