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Press release from Marketwire

Bonterra Energy Corp. Announces Cash Dividend for November Payable December 31, 2010

Thursday, December 02, 2010

Bonterra Energy Corp. Announces Cash Dividend for November Payable December 31, 201008:00 EST Thursday, December 02, 2010CALGARY, ALBERTA--(Marketwire - Dec. 2, 2010) - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) announces that the November monthly cash dividend will be $0.22 per share and will be paid on December 31, 2010. The record date for the dividend is December 15, 2010, and the ex-dividend date is December 13, 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