Anterra Energy Inc. (‘Anterra” or the “Corporation”) is an independent, oil-focused, junior exploration and production company headquartered in Calgary, Alberta, Canada. Focused on growth, the Corporation is expanding its presence in the Western Canadian Sedimentary Basin through an active acquisition program combined with the ongoing development and exploitation of its existing properties. The Corporation has two revenue streams: revenue from production and midstream processing revenue, the latter of which moderates commodity price and production fluctuations.
Anterra is well financed with significant commited bank credit facilities. Additionally, the Corporation has raised $14 million of equity capital through private placements in 2013. Anterra has access to additional capital from Asia resulting from relationships developed over the past two years including that with LandOcean Energy Services Co.,Ltd of Beijing. LandOcean is a major listed corporation in China providing oil and gas technical services worldwide. In addition to being a significant shareholder, LandOcean and Anterra have entered into an arrangement whereby LandOcean is providing Anterra with ongoing, leading edge technical services.