Stock Information. Bonterra’s proven track record of success was made possible by its Bonterra Energy Corp. Mailing Address: 901, 1015 - 4th Street SW Calgary, Alberta T2R 1J4: Head Office Address: 901, 1015 - 4th Street, S.W. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. It had earlier required two-thirds of Bonterra… The Company’s shares are listed on The Toronto Stock Exchange under the symbol “BNE”. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta.  Bonterra was one of the first Canadian energy producers to qualify and be approved for both the EDC and BDC government support programs, a condition of which is financial viability. Shareholders with questions are encouraged to call Bonterra’s information agent, Laurel Hill Advisory Group at 1-877-452-7184 (+1-416-304-0211 outside North America) or email assistance@laurelhill.com. Current Opportunities. This change indicates that Obsidian does not expect the higher tender condition can be achieved due to the lack of Bonterra shareholder support of the Hostile Bid. Its assets consist of crude oil and natural gas assets." continued growth and above-average results and returns for Calgary, at its Corporate headquarters. Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its strategy of long-term, sustainable growth and value creation for shareholders. that promotes the dignity and self-respect of each employee while Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its strategy of long-term, sustainable growth and value creation for shareholders. Bonterra Energy Corp. (Bonterra) is an oil and gas company. Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.’s outstanding shares Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp. CALGARY, AB – OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) (“Obsidian Energy” or … Apply Online. CALGARY – Bonterra Energy Corp. says it remains steadfastly opposed to a hostile takeover bid by Calgary oil and gas rival Obsidian Energy Ltd. after the latter extended its share tender deadline on Monday. The company develops and produces crude oil, natural gas, and natural gas liquids. Actual results, performance or achievements could differ materially from those expressed in, or implied by, this forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do, what benefits will be derived therefrom. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. The successful execution of Bonterra’s long-term strategy has been dependent on the strength of its people. About Bonterra. The target company says in a news release the extension to Jan. 25 from Jan. 4 shows how unsuccessful the offer to issue two Obsidian shares for each Bonterra share has been … The risks, uncertainties and assumptions are difficult to predict and may affect operations, and may include, without limitation: risks and uncertainties relating to the satisfaction of all conditions relating to the availability of funding pursuant to government programs; foreign exchange fluctuations; equipment and labour shortages and inflationary costs; general economic conditions; industry conditions; changes in applicable environmental, taxation and other laws and regulations as well as how such laws and regulations are interpreted and enforced; the ability of oil and natural gas companies to raise capital; the effect of weather conditions on operations and facilities; the existence of operating risks; volatility of oil and natural gas prices; oil and gas product supply and demand; risks inherent in the ability to generate sufficient cash flow from operations to meet current and future obligations; increased competition; stock market volatility; opportunities available to or pursued by us; and other factors, many of which are beyond our control. Offer to purchase Bonterra extended to January 25, 2021 Minimum tender condition lowered to 50% of Bonterra Energy Corp.’s outstanding shares Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp. *This news release contains multimedia – to view the full PDF version as it is intended, please click here. Bonterra is committed to maintaining the highest level of business shareholders. August 31, 2020. Several other brokerages have also weighed in on BNE. Certain statements contained in this release include statements which contain words such as “anticipate”, “could”, “should”, “expect”, “seek”, “may”, “intend”, “likely”, “will”, “believe” and similar expressions, relating to matters that are not historical facts, and such statements of our beliefs, intentions and expectations about development, results and events which will or may occur in the future, constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and are based on certain assumptions and analysis made by us derived from our experience and perceptions. Consistent with the rationale outlined within its Directors’ Circular dated October 5, 2020, Bonterra’s Board has continued to recommend Shareholders REJECT the Hostile Bid. Bonterra Energy Corp. (BNE.TO) (TSE:BNE) had its target price increased by Canaccord Genuity from C$1.20 to C$2.50 in a research note released on Thursday, AnalystRatings.net reports. CALGARY, AB – Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) (“Bonterra” or the “Company”) today confirms that the Company has carefully reviewed the Notice of Extension, Variation and Change filed by Obsidian Energy Ltd. (“Obsidian”) for the unsolicited bid  to acquire all of the issued and outstanding common shares of Bonterra in exchange for shares of Obsidian (the “Hostile Bid”) and continues to strongly recommend that Bonterra shareholders take no action and REJECT the Hostile Bid by NOT TENDERING their shares. Since its launch, Obsidian’s Hostile Bid has proven to be unsuccessful, with Bonterra shareholders overwhelmingly advising they will not tender their shares. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. Bonterra Energy Corp. (Bonterra) is an oil and gas company. The TSX does not accept responsibility for the accuracy of this release.29dk2902l, Cardinal announces its 2021 operating and capital budget focused on continued debt reduction and asset optimization, Newfoundland government to fund refinery as search for buyer continues, U.S. drillers add oil and gas rigs for 8th week in a row, Oil falls as China lockdown, U.S. unemployment temper gains, Obsidian has not addressed its ability to obtain the third-party consents and approvals required to complete the Hostile Bid, including the consent of each of Obsidian’s and Bonterra’s lenders, exposing Bonterra shareholders to an uncertain financing plan, Obsidian’s lending syndicate only granted an extension of its credit facility to, Obsidian’s significantly higher asset retirement obligations will leave Bonterra shareholders a disproportionately higher allocation of future abandonment liabilities, Obsidian has limited liquidity to grow operations, and has been posting negative free cash flow for every quarter since, The rationale of the Hostile Bid is highly dependent on the achievement of significant synergies and cost savings which remain uncertain. Welcome to Bonterra Resources Inc. Bonterra is a Canadian gold exploration company with a large balanced portfolio of exploration and mining assets including the Gladiator, Barry and Moroy deposits, Urban-Barry Mill and multiple highly prospective exploration prospects. Bonterra has a team of approximately 30 individuals, based in The company was founded by George Frederick Fink in 1998 and is … Announces Extension of Revolving Credit Facility PR Newswire 08/31 21:47 ET - Obsidian Brief: Up 13% As Proposes Combination Deal To Bonterra, Up 4.7% Bonterra Energy Corp. 901, 1015 – 4 th Street SW Calgary, Alberta T2R IJ4. CALGARY — Obsidian Energy Ltd. is extending its hostile takeover offer for Bonterra Energy Corp. and lowering the minimum tender condition for its bid. Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its strategy … consultants, and field staff who have all been instrumental in providing The Company is focused on the development of its Cardium land within the Pembina and Willesden Green … Bonterra is committed to maintaining the highest level of business standards in our operations. Attention: George Fink – Chairman, President & Chief Executive Officer Cc: Bonterra Energy Corp. Board of Directors. Information Request Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its strategy of long-term, sustainable growth and value creation for shareholders. Bonterra | 969 followers on LinkedIn. 1 Assumes US$50 WTI and $1.95/MMBtu AECO and 4.5x Enterprise Value to 2021 & 2022 EBITDA.. 2 Assumes US$50/bbl WTI and $1.95/MMBtu AECO 2021 – 2023.. 3 Assumes US$50/bbl WTI and $1.95/MMBtu AECO 2021 – 2024.. 4 Total cash costs include operating costs, transportation costs and G&A expenses, refers to Q2 2020 compared to Q3 2019.. 5 Source: Obsidian Energy and Bonterra … In addition, Obsidian has reduced the minimum number of outstanding Bonterra shares that must be tendered to complete the Hostile Bid from the customary 66 2/3 percent down to over 50 percent. A Renewable Energy & Solar Power Company that offers turnkey solutions for commercial and residential real estate owners. The reporting and the functional currency of the Company is the Canadian dollar. We recognize the importance of credibility, integrity and trust to View Sample pitch presentation 1.pdf from COMM 471 at University of British Columbia. experienced management team, the Board of Directors, employees, The successful execution of Bonterra’s "Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. our success as a business and as such, have fostered a work environment Bonterra Energy Corp. (Bonterra) is an oil and gas company. We appreciate the interest of all applicants, however, only those candidates to be interviewed will be contacted. Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. Rather than acknowledge the views of Bonterra shareholders and withdraw the Hostile Bid, Obsidian has instead chosen to extend the tender date of the Hostile Bid from January 4th to January 25th, 2021. CALGARY — Obsidian Energy Ltd. extended its hostile takeover bid for rival Bonterra Energy Corp. on Monday and lowered its minimum tender condition. The Company’s shares are listed on The Toronto Stock Exchange under the symbol “BNE”. CALGARY — Bonterra Energy Corp. says it remains steadfastly opposed to a hostile takeover bid by Calgary oil and gas rival Obsidian Energy Ltd. after the latter extended its share tender deadline on Monday. Working for Bonterra. long-term strategy has been dependent on the strength of its people. Please check back later for future opportunities. Bonterra Energy Corp.'s shares are listed on the Toronto Stock Exchange under the ticker symbol BNE. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its … The company says it has lowered the minimum tender condition to 50 per cent. Forward-looking information in this release includes, but is not limited to: expectations regarding the effect of the Hostile Bid, the lack of Bonterra shareholder support for the Hostile Bid and the Hostile Bid being unlikely to proceed; business strategy and outlook; expansion and growth of our business and operations; and other such matters. Obsidian said Monday recent consolidation by other players in the energy sector is a trend that should be followed, noting a combined Obsidian-Bonterra entity could save $50 million in the first year and a total of $100 million in the first three years. The target company says in a news release the extension to … standards in our operations. These documents and additional background are available for review on the Company’s website at www.bonterraenergy.com. Bonterra Energy Corp. Bonterra Energy Corp. (Bonterra) is an oil and gas company. All such forward-looking information is based on certain assumptions and analyses made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. Offer to purchase Bonterra extended to January 25, 2021 ; Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares ; Improved valuation following Obsidian Energy Ltd. share price up 110% in the last month, compared to 4% for Bonterra Energy Corp. Bonterra Energy Corp. Its operations focus on the Pembina Cardium, Shaunavon, and Prespatou properties. The Bonterra Board UNANIMOUSLY recommends that Shareholders REJECT the Hostile Bid by taking no action – DO NOT TENDER your Shares. We currently have no openings at this time. Bonterra operates in one industry and has only one reportable segment. As stated in Bonterra’s Shareholder Letter dated November 23, 2020, the majority of research analysts and proxy advisors believe that the Hostile Bid is highly unlikely to proceed. Calgary, Alberta 7/29/20 Proposed Acquisition of Bonterra Energy Corp. by Whitecap Resources Inc. … Bonterra Energy Corp. 901, 1015 – 4 th Street SW Calgary, Alberta T2R IJ4. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. Except as required by law, Bonterra disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. The Company’s shares are listed on The Toronto Stock Exchange under the symbol “BNE”. Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its strategy of long-term, sustainable growth and value creation for shareholders. The forward-looking information contained herein is expressly qualified by this cautionary statement. providing challenging and rewarding opportunities. Raymond James upgraded Bonterra Energy Corp. (BNE.TO) from an underperform rating to a market perform rating and lifted their price […]