This interview is part of a series of interviews that were recorded live from the floor of Josef Schachter’s Catch The Energy conference in Alberta on October 19th. 

Pat Oliver, President and CEO of Bonterra Energy (TSX:BNE) sat down with me to provide an overview of the Company’s current production rates, mainly sourced from the Cardium Formation, and forecasted outputs for the end of 2024. Pat discusses the Company’s new land acquisitions in the Montney and Charlie Lake plays, which the Company forecasts will better capital efficiency and growth potential. 

The conversation outlines Bonterra’s strategic focus on capital efficiency, debt reduction, and generating free funds flow, with a potential return to dividend payouts. We also discuss Bonterra’s shareholder base, including significant insider ownership and a tight share structure. Pat shares his background in the sector and the successful track record of his previous ventures. Finally, we address the market’s wait-and-see approach to Bonterra’s new growth strategy, emphasizing the Company’s strong execution and production results so far.

Click here to visit the Bonterra Energy website.