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Bonterra Energy Corp. Confirms Cash Dividend for October 2016 Payable November 30th, 2016

CALGARY, ALBERTA--(Marketwired - Nov. 1, 2016) - Bonterra Energy Corp. (www.bonterraenergy.com) (BNE.TO) announces that the October 2016 monthly cash dividend will be $0.10 per share and will be paid on November 30th, 2016. The record date for the dividend is November 15th, 2016 and the ex-dividend date is November 11th, 2016. The dividend is paid monthly and is subject to commodity prices and production levels.

The dividend is considered an "eligible dividend" for tax purposes.

Bonterra Energy Corp. is a conventional oil and gas corporation with operations in Alberta, Saskatchewan and British Columbia. The shares are listed on The Toronto Stock Exchange under the symbol "BNE".