bonterra energy careers

The Bonterra Board UNANIMOUSLY recommends that Shareholders REJECT the Hostile Bid by taking no action – DO NOT TENDER your Shares. Stock Information. 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’s proven track record of success was made possible by its Current Opportunities. 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. providing challenging and rewarding 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. Bonterra Energy Corp. (Bonterra) is an oil and gas company. 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% 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. Apply Online. 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. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. Please check back later for future opportunities.  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. 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. View Sample pitch presentation 1.pdf from COMM 471 at University of British Columbia. Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its … 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, Alberta 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. Raymond James upgraded Bonterra Energy Corp. (BNE.TO) from an underperform rating to a market perform rating and lifted their price […] 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. 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. The company was founded by George Frederick Fink in 1998 and is … 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. 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 Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. 7/29/20 Proposed Acquisition of Bonterra Energy Corp. by Whitecap Resources Inc. … Bonterra has a team of approximately 30 individuals, based in 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. long-term strategy has been dependent on the strength of its people. These documents and additional background are available for review on the Company’s website at www.bonterraenergy.com. The forward-looking information contained herein is expressly qualified by this cautionary statement. Bonterra Energy Corp. (Bonterra) is an oil and gas company. 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. It had earlier required two-thirds of Bonterra… We currently have no openings at this time. Information Request We appreciate the interest of all applicants, however, only those candidates to be interviewed will be contacted. 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 successful execution of Bonterra’s 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 … The company develops and produces crude oil, natural gas, and natural gas liquids. The reporting and the functional currency of the Company is the Canadian dollar. CALGARY — Obsidian Energy Ltd. extended its hostile takeover bid for rival Bonterra Energy Corp. on Monday and lowered its minimum tender condition. Since its launch, Obsidian’s Hostile Bid has proven to be unsuccessful, with Bonterra shareholders overwhelmingly advising they will not tender their shares. 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. 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. About Bonterra. "Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. 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. Bonterra is committed to maintaining the highest level of business standards in our operations. 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 operates in one industry and has only one reportable segment. CALGARY — Obsidian Energy Ltd. is extending its hostile takeover offer for Bonterra Energy Corp. and lowering the minimum tender condition for its bid. consultants, and field staff who have all been instrumental in providing 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. continued growth and above-average results and returns for 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”. Working for Bonterra. Bonterra Energy Corp. Its operations focus on the Pembina Cardium, Shaunavon, and Prespatou properties. The company says it has lowered the minimum tender condition to 50 per cent. shareholders. August 31, 2020. 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. Attention: George Fink – Chairman, President & Chief Executive Officer Cc: Bonterra Energy Corp. Board of Directors. that promotes the dignity and self-respect of each employee while Bonterra Energy Corp. (Bonterra) is an oil and gas company. Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. 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. Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia, focused on its strategy … Calgary, at its Corporate headquarters. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin. our success as a business and as such, have fostered a work environment The Company’s shares are listed on The Toronto Stock Exchange under the symbol “BNE”. We recognize the importance of credibility, integrity and trust to Bonterra Energy Corp. (Bonterra) is an oil and gas company. standards in our operations. The successful execution of Bonterra’s long-term strategy has been dependent on the strength of its people. To maintaining the highest level of business standards in our operations assets. 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