Bonterra Energy Corp. announced that Mr. George Fink will be retiring as President of the Company as of September 6, 2022. Mr. Fink will remain on the Company's Board of Directors.

Mr. Patrick Oliver will be succeeding Mr. Fink as President and will be joining the Company's Board of Directors as of that date. Mr. Fink has been the President & CEO since the Company's inception in 1998 and was the Chair of the Board until March 2021. Mr. Oliver has 35+ years of experience in the Western Canada upstream oil and gas sector with a proven track record in the leadership of several companies from start-up to successful sale.

Over the past 20 years, he was involved as CFO and later CEO in the development and ultimate sale of four privately owned Birchill companies. Mr. Oliver graduated from the University of Calgary with a B.Comm. degree (Accounting Major) in 1986 and earned his designation as a Chartered Accountant in Alberta in 1989.