Anterra Energy Announces First Quarter Financial Results

Anterra Energy Inc. (TSX VENTURE:AE.A) ("Anterra" or the "Company") today
released its financial performance for the three months ended March 31, 2011.
The full text of the Company's consolidated financial report and related
management's discussion and analysis ("MD&A") can be found at: www.sedar.com and
on the Company's website at www.anterraenergy.com.


The Company also wishes to advise shareholders and investors that the
consolidated financial report and MD&A are now being presented in accordance
with International Financial Reporting Standards ("IFRS"), with a restatement of
comparative results achieved in Q1 2010. This change to IFRS does not affect the
Company's operations and will be the basis for all future financial reporting. 


About Anterra Energy

Anterra Energy is an independent exploration, development and production company
with an emerging focus on the use of advanced exploration technologies including
3-D imaging, horizontal drilling and multi-stage completions to systematically
develop its portfolio of conventional and non-conventional oil and gas projects.
Complementing this strong exploitation and development focus, the Company owns
and operates fee-based midstream facilities in western Canada. Anterra is a
public Canadian company listed on the TSXV under the symbol AE.A. More
information about Anterra is available on the Company's website at
www.anterraenergy.com.