Bonterra Energy Announces Second Quarter 2026 Results and Operations Update

CALGARY, Alberta, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Bonterra Energy Corp. (TSX: BNE; OTCID: BNEFF) (“Bonterra” or the “Company”), a Calgary based oil and gas producer, is pleased to announce its financial and operating results for the three and six months ended June 30, 2026. Bonterra delivered record quarterly production of 16,828 barrels of oil equivalent (“BOE”) per day and funds flow of $32.9 million ($0.88 per fully diluted share). During the quarter, the Company brought three Charlie Lake wells on production, all which met or exceeded expectations, including two successful step-out wells that validated recently acquired acreage, expanded the Company's future drilling inventory and supported an increase to its second-half production and capital program and guidance. Subsequent to the end of the quarter the Company completed a strategic tuck-in acquisition, which increased Bonterra's working interest in its core Bonanza Charlie Lake position to 100% accelerating future development of the asset. The related unaudited condensed financial statements and management’s discussion and analysis (“MD&A”), are available on SEDAR+ at www.sedarplus.ca and on Bonterra’s website at www.bonterraenergy.com.