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Press release from Marketwire

Bonterra Energy Corp. Announces Cash Dividend for October Payable November 30, 2010

Tuesday, November 02, 2010

Bonterra Energy Corp. Announces Cash Dividend for October Payable November 30, 201007:58 EDT Tuesday, November 02, 2010CALGARY, ALBERTA--(Marketwire - Nov. 2, 2010) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the October monthly cash dividend will be $0.22 per share and will be paid on November 30, 2010. The record date for the dividend is November 15, 2010, and the ex-dividend date is November 10, 2010. 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".FOR FURTHER INFORMATION PLEASE CONTACT: George F. FinkBonterra Energy Corp.CEO(403) 262-5307(403) 265-7488 (FAX)ORGarth E. SchultzBonterra Energy Corp.Vice President - Finance, and CFO(403) 262-5307(403) 265-7488 (FAX)ORKirsten KulykBonterra Energy Corp.Manager, Investor Relations(403) 262-5307(403) 265-7488 (FAX)info@bonterraenergy.comwww.bonterraenergy.com