BNE Bonterra Energy Corp

Bonterra Energy Corp. (www.bonterraenergy.com) (TSX:BNE) (“Bonterra” or “the Company”) announces that the January 2018 monthly cash dividend will be $0.10 per share and will be paid on February 28th, 2018.  The record date for the dividend is February 15th, 2018 and the ex-dividend date is February 14th, 2018.  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. Fink, Chairman and CEO orRobb D. Thompson, CFO and SecretaryTelephone: (403) 262-5307Fax: (403) 265-7488Email: info@bonterraenergy.com