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Bonavista Energy Corp. Q3-2017 Revenue & Profit per BOE

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Bonavista's operations are focused in central Alberta's Cardium region, along the northern Alberta-BC border and in eastern Alberta along the Saskatchewan border. Production consists of 70% natural gas, 22% natural gas liquids and 8% oil, the reserve life index is 13 years. Production and development activity is largely concentrated in two core areas in central Alberta. Directors, management and employees also own approximately 5%.

Production, Revenues, Hedging

The combined average price received for Q3-2017 was $20.87 per boe including a $2.09 per boe realized commodity hedging gain compared to costs of $20.01 per boe resulting in a $0.86 per boe positive funds flow before paying dividends of $0.40 per boe.

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