Anterra Announces 136% Increase to 2013 Year-End Reserves

Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF)
is pleased to report that its oil and gas reserves as at December 31, 2013
increased 3.3 million barrels of oil equivalent ("MMboe') or 136% over December
31, 2012 year-end reserves, on a proved plus probable basis. 


Year-end 2013 reserves increased 1.7 MMboe or 154% on a Proved basis over
year-end 2012 reserves. The year-over-year increases are primarily the result of
two significant acquisitions during the year that added 1.9 MMboe of Proved and
3.5 MMboe of Proved plus Probable reserves at a cost of $11.20 per Proved boe,
$6.21 per Proved plus Probable boe. 


Highlights



--  Increased Proved plus Probable Oil and NGL reserves by 143% to 5.1
    million barrels over December 31, 2012 reserves of 2.1 million barrels. 
--  Oil and NGLs make up 90% of the Company's Proved reserves and Proved
    plus Probable reserves. 
--  Total Proved reserves represent 50.4% of Proved plus Probable reserves
    at year-end 2013. 
--  The Net Present Value of Future Net Revenue before income tax,
    discounted at 10%, increased 118% to $47.9 million on a Proved basis,
    and increased 134% to $84.6 million on a Proved plus Probable basis.

Reserve Summary, as at December 31, 2013(1)                                 
(Forecast Pricing)                                                          
Company Interest Reserves(2)                                                
                                                                            
----------------------------------------------------------------------------
                                                           NPV BT,   NPV BT,
                                                                $M        $M
                          Oil & NGLs       Gas     Total       (0%      (10%
Description                   (Mbbl)    (MMcf)    (Mboe) Discount) Discount)
----------------------------------------------------------------------------
Proved producing               1,640     1,021     1,809   $43,682   $28,069
----------------------------------------------------------------------------
Proved non-producing              76        12        78     1,774     1,361
----------------------------------------------------------------------------
Proved undeveloped               860       754       986    42,770    18,460
----------------------------------------------------------------------------
Total proved(3)                2,576     1,787     2,873   $88,225   $47,890
----------------------------------------------------------------------------
Probable                       2,548     1,646     2,823    90,327    36,735
----------------------------------------------------------------------------
Total proved plus                                                           
 probable(3)                   5,124     3,433     5,696  $178,552   $84,626
----------------------------------------------------------------------------
                                                                            
(1) Based on Deloitte LLP's January 1, 2014 forecast prices.                
(2) Company interest reserves are the Company's total working interest      
reserves before royalties.                                                  
(3) Numbers may not add due to rounding.                                    



The Company's reserves were evaluated by independent reserves evaluator Deloitte
LLP in compliance with the definitions, standards and procedures contained in
the Canadian Oil and Gas Evaluation Handbook ("COGE Handbook") and National
Instrument 51-101, Standards of Disclosure For Oil and Gas Activities ("NI
51-101"). Estimates of future net revenue in this news release do not represent
fair market value.  Additional reserve information as required under NI 51-101
is available on the Company's website at www.anterraenergy.com, or on SEDAR at
www.sedar.com.  


About Anterra Energy Inc.

Anterra is an independent oil focused junior exploration and production company
with an expanding presence in the Western Canadian Sedimentary Basin. The
Company is actively engaged in the acquisition, development and production of
oil and natural gas complemented by the operation of fee-based midstream
facilities. The Company is a public Canadian company listed on the TSXV under
the symbol "AE.A" and traded on the OTCQX International under the symbol
"ATERF". Additional information is available on the Company's website at
www.anterraenergy.com.


Reader Advisories

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Forward-Looking Information

This News Release contains forward-looking statements or information
(collectively referred to herein as "forward-looking statements") relating to
"reserves" Reserves are deemed to be forward-looking statements as they involve
the implied assessment, based on certain estimates and assumptions, that the
reserves described exist in quantities predicted or estimated and that the
reserves can be profitably produced in the future.


The forward-looking statements contained in this News Release are based on
Anterra management's current beliefs as well as assumptions made by, and
information currently available to, Anterra management concerning anticipated
business conditions.


Forward-looking statements are not guarantees of future performance and the
reader should not place undue reliance on these forward-looking statements as
there can be no assurances that the assumptions, plans, initiatives or
expectations upon which they are based will occur. In addition, the
forward-looking statements are subject to known and unknown risks, uncertainties
and other factors that could cause the actual results, performance or
achievements of the Company to be materially different from any future results,
performance or achievements expressed or implied by forward-looking statements.
Such factors include, among others: general economic and business conditions;
the price of and demand for oil and natural gas and their effect on the
economics of oil and gas exploration; actions by governmental authorities; and,
changes in government regulations and the expenditures required to comply with
them (including, but not limited to, the changes in taxes or the royalty or
other share of production taken by governmental authorities). Should one or more
of these risks or uncertainties materialize, or should any of the Company's
assumptions prove incorrect, actual results may vary in material respects from
those projected in the forward-looking statements. Readers are cautioned that
the foregoing list of risks, uncertainties and other factors is not exhaustive.
Unpredictable or unknown factors not discussed could also have material adverse
effects on forward-looking statements. The impact of any one factor on a
particular forward-looking statement is not determinable with certainty as such
factors are dependent on other factors, and the Company's course of action would
depend on its assessment of the future considering all information then
available. All forward-looking statements in this News Release are expressly
qualified in their entirety by these cautionary statements. Except as required
by law, the Company assumes no obligation to update forward-looking statements
should circumstances or management's estimates or opinions change.


BOE Conversion

Certain natural gas volumes have been converted to barrels of oil equivalent
("boe") using six thousand cubic feet ("mcf") of gas equal to one barrel ("bbl")
of oil unless otherwise stated. This conversion ratio is based on an energy
equivalency conversion method primarily applicable at the burner tip and does
not represent a value equivalency at the wellhead. Such disclosure of boes may
be misleading, particularly if used in isolation.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Anterra Energy Inc.
Gang Fang
Chief Executive Officer
[phone]
[e-mail]


Anterra Energy Inc.
Owen C. Pinnell
Chairman
[phone]
[e-mail]
www.anterraenergy.com