| Bonavista Energy Trust |  | Bonavista Energy Trust is a Calgary-based oil and gas royalty trust created through the reorganization of Bonavista Petroleum Ltd. in July 2003. The exploration and production company focuses on four core areas in Alberta, British Columbia, and Saskatchewan. In 2008 Bonavista Energy Trust reported it had about 1.2 million net acres of undeveloped land, the bulk of which is in Alberta. Bonavista also has proved reserves of 142.2 million barrels of oil equivalent and has identified some 700 quality drilling prospects. Bonavista Energy Trust has a balanced production of 52,500 barrels of oil equivalent per day -- 55% natural gas, 34% light oil, and 11% heavy oil. In 2009 Bonavista Energy Trust built up its asset base, acquiring properties in central Alberta area for about $698 million. | | Visit Website |
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