Leadership enhancements drive our renewed strategy, with organic development and potential acquisitions driving growth
We are a conventional oil and gas company focused on development in the Cardium, one of Canada’s largest oil plays, which supports our strategy of generating long-term, sustainable growth and value creation for shareholders.
Bonterra’s strategic priorities include maintaining operational excellence, exercising financial discipline, pursuing a balanced combination of mergers, acquisitions and exploration for future upside, and initiating a return of capital model for shareholders.
The executive and board enhancements undertaken in 2023 are driving our renewed strategy, which features a commitment to strong capital efficiencies and controlling cash costs.
of dividends paid since inception
Our oil and natural gas properties are strategically located
Bonterra’s core asset is a sizeable, concentrated position in the Pembina Cardium play, one of Canada’s largest oil fields, which offers stable production. Our emerging Montney asset in Northern Alberta adds upside and future exploration potential.