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BRIEF-Bonterra Energy announces 2017 operational and financial budget and operations update for 2016
December 20, 2016 / 10:37 PM / 8 months ago

BRIEF-Bonterra Energy announces 2017 operational and financial budget and operations update for 2016

Dec 20 (Reuters) - Bonterra Energy Corp

* Says company remains on target to exceed its full year average production guidance of 12,500 BOE per day

* Bonterra has set its 2017 capital expenditures budget at approximately $70 million

* 2017 capital budget is anticipated to increase average annual production by approximately five percent over 2016

* 2017 forecasted funds flow is approximately $140 million

* Announces 2017 operational and financial budget and operations update for 2016 Source text for Eikon: Further company coverage:

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