CALGARY, Aug. 22, 2019 /CNW/ - Bonterra Energy Corp.
(www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company")
today provides an update on the previously reported release of
emulsion related to a pipeline that severed on August 15, 2019 after a creek bank collapsed as a
result of area flooding approximately 25 km southwest of
Drayton Valley, AB.
The Company confirms that the emergency phase, which had been
initiated immediately upon identification of the incident, has now
been de-escalated by both the Alberta Energy Regulator ("AER") and
Bonterra. The Company had deployed all possible resources with
24-hour clean-up and remediation operations, and as a result, has
successfully recovered all of the bulk oil released. Over the
next two to three weeks, Bonterra will continue to perform
shoreline remediation and clean-up to remove any residual trace
amounts, along with further monitoring and testing of the
immediately impacted area.
Bonterra Energy Corp. is a conventional oil and gas corporation
which carries industry-standard insurance, and has operations in
Alberta, Saskatchewan and British Columbia. The Company's shares are
listed on The Toronto Stock Exchange under the symbol "BNE".
SOURCE Bonterra Energy Corp.
