Jan 20 (Reuters) - Bonterra Energy Corp BNE.TO :
* BONTERRA ENERGY CORP. CONTINUES TO RECOMMEND SHAREHOLDERS REJECT THE HOSTILE BID BY TAKING NO ACTION
* BONTERRA ENERGY CORP - CO'S SHAREHOLDERS CONTINUE TO ADVISE COMPANY THEY WILL NOT TENDER THEIR SHARES
* BONTERRA ENERGY CORP - SHAREHOLDERS NEED TO TAKE NO ACTION TO REJECT OBSIDIAN ENERGY LTD'S OFFER