Bonterra Energy Corp. announced operating results for the first quarter ended March 31, 2019. For the year, the company's total barrels of oil equivalent production were 12,020 BOE per day compared to 13,051 BOE per day a year ago. Oil production was 7,081 bbl per day compared with 8,034 bbl per day a year ago. NGLs production was 949 bbl per day compared with 900 bbl per day a year ago. Natural gas production was 23,938 MCF per day compared with 24,701 MCF per day a year ago.

The company provided production guidance for the full year 2019. Annual production volumes in 2019 are forecast to be in the range of 12,600 to 13,200 BOE per day, of which approximately 62% would be sweet crude oil, with a forecast exit rate between 13,000 and 14,000 BOE per day, positioning Bonterra well for a strong start to 2020.