Operations Overview

Bonavista's major properties are concentrated within three core regions in western Canada. Each core region contains a well-balanced portfolio of oil and natural gas assets with extensive opportunities to enhance production through low risk exploration, development, and acquisition activity.

Core Region Highlights

Common Features of our Assets

• Current Production 72,000 boed (60% natural gas).
• Large contiguous land base offering year round access.
• Geologically diverse and geographically focused asset base offering multi-zone development potential.
• Robust and balanced inventory of 1,400 future drilling locations, of which more than 80% are horizontal in nature.
• Control of operations with over 85% of our production operated by Bonavista.
• Low cost structure with current operating costs of approximately $9.00 per boe.
• Modest base decline rate of 23% with an attractive reserve life index of approximately 12 years.