Bonterra Energy Reports $65 Million 2012 Budget

Bonterra Energy Corp. (TSX:BNE) reported a 2012 capital expenditure program budgeted at $65 million.

As quoted in the press release:

2012 Corporate Guidance

• The Board of Directors has approved a capital development program of $65 million which will fully target light oil prospects. All 2012 Cardium wells are expected to be horizontal multi-stage frac wells.

Click here to read the Bonterra Energy Corp. (TSX:BNE) press release.