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Share Name | Share Symbol | Market | Type |
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TSXV:AE.A | TSX Venture | Common Stock |
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Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) today engaged LHA, also known as Lippert Heilshorn & Associates, headquartered in New York City with offices in San Francisco, Los Angeles and Boston, to assist the Company with shareholder communication and investor relations activities. Under the terms of the agreement, which is subject to the acceptance of the TSX Venture Exchange, LHA will assist Anterra with the development and implementation of a comprehensive investor communications program. LHA was founded in 1984 and is experienced in building investment community awareness and support for growth companies. Anterra has agreed to pay LHA $9,000 per month in cash for six months, subject to extension by mutual agreement. LHA has agreed to use its senior managers including Mr. John Heilshorn on the assignment. Anterra has engaged LHA at this time to complement its growth strategy. In March 2013, the Company completed its business combination with Terrex Energy Inc. and, as a result, has increased its production to approximately 500 boepd. As previously announced, Anterra intends to use its evolving financial strength to pursue asset or corporate acquisitions. 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. Reader Advisory: This news release contains certain forward-looking statements, which include assumptions with respect to future operations. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. All such forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with oil and natural gas exploration, development, exploitation, production, marketing and transportation, volatility of commodity prices, availability of drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada and the United States, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, and stock market volatility. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits, including the amount of proceeds, the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. BOE's may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. FOR FURTHER INFORMATION PLEASE CONTACT: Anterra Energy Inc. Gang Fang Chief Executive Officer (403) 215-2383 (403) 261-6601 (FAX) fangg@anterraenergy.com Anterra Energy Inc. Owen C. Pinnell Chairman (403) 215-2427 (403) 261-6601 (FAX) pinnello@anterraenergy.com www.anterraenergy.com
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