Bonterra Energy Corp.TSX: BNE

Bonterra Oil & Gas Ltd. Announces Cash Dividend for March Payable April 30, 2009

· Issued by Bonterra Energy Corp. via CNW

CALGARY, April 3 /CNW/ - Bonterra Oil & Gas Ltd. (www.bonterraenergy.com) (TSX: BNE) announces that the March monthly cash dividend will be $0.12 per share and will be paid on April 30, 2009. The record date for the dividend is April 15, 2009, and the ex-dividend date is April 13, 2009.

Bonterra Oil & Gas Ltd. 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".

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