Bonterra Energy Income Trust (the Trust) is a Canada-based resource trust that develops and produces oil and natural gas in the Provinces of Alberta and Saskatchewan. The Trust?s producing properties are located in the Pembina area of Alberta, the Shaunavon area in southwest Saskatchewan, and the southeast area of Saskatchewan. During the year ended December 31, 2007, the Trust?s average production of oil and natural gas liquids was 3,113 barrels per day and natural gas production in 2007 averaged 6,627 thousand cubic feet (MCF) per day. During 2007, the Trust had had seven gross (6.3 net) Cardium oil wells, two gross (2 net) natural gas wells and three gross (2.5 net) coal-bed (CBM) wells with assigned reserves drilled but not on production.
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