Bonterra Energy Announces Third Quarter 2026 Results and 2027 Budget Guidance

Bonterra Energy Corp. announced its financial and operating results for the three and nine months ended September 30, 2026, highlighted by record quarterly production of 17,222 barrels of oil equivalent (BOE) per day. The company reported a 43% increase in funds flow per fully diluted share compared to the third quarter of 2025, totaling $30.7 million ($0.83 per fully diluted share), driven by 17% growth in light crude oil and natural gas liquids production and a stronger oil pricing environment. Capital expenditures for the quarter were $15.3 million, and the company reduced its adjusted net debt to $184.4 million after accounting for a $4.65 million tuck-in acquisition in the Bonanza Charlie Lake area. Additionally, the Board of Directors approved the company's 2027 budget and guidance, which focuses on liquids growth, free funds flow generation, and further derisking of inventory a...