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Bonterra Energy Corp.

11:19 AM EST - Bonterra Energy Corp. : Acknowledges Obsidian Energy’s press release, dated March 29, which confirms that Obsidian has not extended its hostile bid, and therefore the hostile bid expired as of 5:00 p.m. (Mountain Time) on March 29. As of the expiry, the hostile bid was unsuccessful and any Bonterra shares that had been tendered will be promptly returned to the respective Bonterra shareholders. Bonterra Energy Corp. shares T.BNE are trading up $0.05 at $4.00.