Bonavista Energy Corporation is a Calgary-based oil and gas company with a proven track record of value creation. Since inception in 1997, Bonavista has consistently added shareholder value by pursuing a disciplined and effective strategy that focuses on long term profitability. Bonavista operates 85% of its assets, which are concentrated within three core regions in western Canada. Each core region contains a well-balanced portfolio of oil and natural gas assets. It produces approximately 68,000 barrel of oil equivalent (boe) per day from a proved plus probable reserves base of 294 million boes. The Company’s operations are geographically focused within select multi-zone regions of Western Canada.