The related unaudited condensed financial statements and notes, as well as management's discussion and analysis, are available on SEDAR and on Bonterra's website. Obsidian Energy also lowered the minimum tender condition of the Offer so that the Bonterra Shares validly deposited to the Offer, and not withdrawn, must represent greater than 50% (versus 66 2/3%) of the then outstanding Bonterra Shares (on a fully diluted basis). Obsidian Energy estimates that the combined entity can save approximately $50 million in the first year (equivalent to more than 80% of the value of all the outstanding Bonterra Shares) and a total of $100 million in the first three years. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. 2017 Annual Information Form. Lisa Ottmann Bonterra shareholders are strongly encouraged to read the Offer Documents carefully and in their entirety, since they contain additional important information regarding Obsidian Energy and the terms and conditions of the Offer as well as detailed instructions on how Bonterra shareholders can tender their Bonterra Shares to the Offer. Calgary, Alberta 2019 Annual Information Form. We are aware that there is currently a sizeable percentage of Bonterra shareholders who have yet to decide on the Offer, and we believe the strength of the combination and the recent trading prices of Bonterra and Obsidian Energy make this a highly desirable transaction for Bonterra shareholders.”. Suite 200, 207 – 9th Avenue SW, Calgary, Alberta T2P 1K3 Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. The AIF, Financial Statements, and related MD&A can be accessed either on Bonterra's website at www.bonterraenergy.com or under the Company's profile on SEDAR at www.sedar.com. Offer to purchase Bonterra extended to January 25, 2021; Minimum tender condition lowered to 50% of Bonterra Energy Corp.'s outstanding shares; Improved valuation following Obsidian Energy … E-mail: investor_relations@obsidianenergy.com 29dk2902l, Bonterra Energy Cardium Cenovus Husky Energy Obsidian Energy Tamarack Valley Tourmaline Whitecap Resources, Cardinal announces its 2021 operating and capital budget focused on continued debt reduction and asset optimization, Newfoundland government to fund refinery as search for buyer continues, U.S. drillers add oil and gas rigs for 8th week in a row, Oil falls as China lockdown, U.S. unemployment temper gains. SEDAR. As well, a Notice of Extension, Variation and Change that sets out the variations and changes to the Offer described herein, along with certain other variations and updated disclosures with respect to the Offer will be filed with Canadian securities regulators in due course this week. Email: contactus@kingsdaleadvisors.com, MEDIA Kingsdale Advisors We expect this trend to continue and we urge Bonterra shareholders to take advantage of this opportunity. The combined entity will be better positioned than either Obsidian Energy or Bonterra on a standalone basis. Bonterra Energy Corp. Mailing Address: 901, 1015 - 4th Street SW Calgary, Alberta T2R 1J4: Head Office Address: 901, 1015 - 4th Street, S.W. OFFER INFORMATION AGENT AND DEPOSITARY As well, a Notice of Extension, Variation and Change that sets out the … Stephen Loukas continued, “Bonterra had a low voter turnout at their most recent Annual General Meeting; by lowering the tender threshold, we improve the chance of success for Bonterra shareholders to take action and support the transaction. Bonterra Energy Corp. has released its operating and financial results for the three- and nine-month periods ended Sept. 30, 2020. Outside North America:  1-416-867-2272 “Since we made our original offer, industry consolidation has accelerated over the past few months as boards seize opportunities to build increased scale, efficiency and resilience. also been filed with the Canadian and United States securities regulators and are available under Bonterra’s SEDAR profile atwww.sedar.com and on the Company’s website at www.obsidianenergy.com. Additional details regarding the Offer can be found in Canada on SEDAR at www.sedar.com, in the United States on EDGAR at www.sec.gov and on the Company’s website at www.obsidianenergy.com. OBSIDIAN ENERGY URGES INVESTORS AND SHAREHOLDERS OF BONTERRA TO READ THE REGISTRATION STATEMENT AND ANY AND ALL OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE OFFER AS THOSE DOCUMENTS BECOME AVAILABLE, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. Filed on: 01-11-2021. Bonterra Resources Inc. Mailing Address: 2872 chemin Sullivan, suite 2 Val d'Or, Qc J9P 0B9: Head Office Address: 1055 Georgia St. Vancouver, BC V6E 4N7 Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. 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