Anterra Energy Announces Closing of $12 Million Nipisi Property Acquisition

Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF)
is pleased to announce the closing of its previously announced arm's length
property acquisition in the Nipisi area of north central Alberta.


On December 18, 2013, the Company closed the acquisition of producing oil
properties in the Nipisi area of north central Alberta, announced on November
25, 2013, for a cash consideration of $12.2 million. The acquisition includes an
approximate 88% working interest in 5,920 gross developed acres of land,
including infrastructure and 17 producing oil wells, producing approximately 400
boe/d (94% light oil) net to the Company. Anterra has funded the acquisition
through its existing credit facilities. The vendor is a publicly-traded
intermediate Canadian producer of oil and natural gas. The acquisition is
effective as of August 1, 2013. 


"This acquisition is consistent with our objective to build our production and
reserve base in Western Canada and almost doubles our current production,"
stated Dr. Gang Fang, CEO of Anterra. "Looking ahead, we continue to evaluate
opportunities to further expand our asset base, increase our production and add
to our inventory of development opportunities."


In addition to stable low decline production, the Nipisi property provides
Anterra with development opportunities through modification of the existing
waterflood program and potentially following-up on an encouraging microbial
enhanced oil recovery ("MEOR") pilot scheme initiated by the vendor. 


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") regarding the
anticipated benefits of the proposed acquisition to Anterra 


This News Release also contains forward-looking statements regarding development
opportunities through modification of the waterflood program and MEOR potential.


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