Bonterra Energy Reports Growth and Stability in 2023

Bonterra Energy (TSE:BNE) has released an update.

Bonterra Energy Corp. reports a year of responsible production growth and solid financial performance for the fiscal year ending December 31, 2023, despite a slight dip in revenue from oil and gas sales compared to the previous year. The company managed to reduce its net debt and continued to strengthen its balance sheet. Operational results show an increase in barrels of oil equivalent produced per day, reflecting a steady growth in production.

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