Bonterra Energy Corp. affirmed production guidance for the year 2022. The first half of 2022 enabled the Company to build momentum for continued positive results and performance.

This supports affirming Bonterra's previously communicated 2022 production guidance of 13,300 to 13,700 BOE per day with an increased capital expenditure budget range of $70 million to $75 million, due to additional infrastructure costs and inflationary pressures.