Bonterra Energy Corp. Announces Cash Dividend for December Payable January 29, 2010

CALGARY, Jan. 5 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) announces that the December monthly cash dividend will be $0.18 per share (a two cent increase from the previous month) and will be paid on January 29, 2010. The record date for the dividend is January 15, 2010, and the ex-dividend date is January 13, 2010. 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".

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For further information: George F. Fink, CEO or Garth E. Schultz, Vice President - Finance, and CFO or Kirsten Kulyk, Manager, Investor Relations, Telephone: (403) 262-5307, Fax: (403) 265-7488, Email: info@bonterraenergy.com