Bonterra Energy (TSE:BNE) has released an update.
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Bonterra Energy Corp. has strategically expanded its operations with the acquisition of a new Charlie Lake asset in Bonanza, Alberta, for $24.1 million, adding 79 net sections of land and 330 BOE per day to its portfolio. This acquisition not only strengthens Bonterra’s position in one of North America’s premier oil plays but also enhances its oil and liquids production capabilities, while promising high-impact growth and robust free cash flow potential.
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