Bonterra Energy Corp. Reiterates Production Guidance for the Full Year 2021
Bonterra Energy Corp. reiterated production guidance for the full year 2021. Bonterra reiterated its previously issued guidance, including plans to maintain a fully-funded capital program between $65 and $75 million targeting high rate-of-return, low-risk light oil opportunities. Based on this capital program, the Company expects 2021 annual production to average between 12,800 to 13,200 BOE per day, an increase of approximately 30% over fourth quarter 2020.