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Terra Energy Corp
Suite 970, 333 7th Avenue SW
Phone: (403) 699-7777p:403 699-7777 CALGARY, AB  T2P 2Z1  Canada Fax: (403) 264-7189f:403 264-7189
On 3/18/2016, the Company announced it's lender,Canadian Western Bank, has demanded the repayment of all outstanding debt and issued a notice of intention to enforce security pursuant to subsection 244(1) of the Bankruptcy and Insolvency Act (Canada). Due to this action, Terra Energy Corp announced the cessation of operations and the resignation of its Director and officers. The Company has terminated all of its remaining non-executive employees. The Court in Vancouver appointed Ernst & Young as receiver of the Company.
This company is no longer actively traded on any major stock exchange.
Business Summary
Terra Energy Corp. (Terra) is a junior oil and gas exploration development and production company engaged in the exploration for, and development and production of, natural gas and oil in Western Canada. The Company's conducts its operations in the Western Canadian Sedimentary basin. Its operates through two segments: the conventional operations, which make up almost all of Terra's production, and the Montney resource play in northeastern British Columbia, where Terra owns a dominant land position in both the unconventional Montney gas and gas liquids and the nascent unconventional Montney condensate and shale oil play. Production from Alberta accounts for most of Terra Energy's oil and natural gas liquids (NGL) content. Cecil and North Boundary made up the bulk of the Company's oil production while most of the NGL's were produced in Worsely. Key producing regions in British Columbia include Stoddart, Sunrise, Boudreau, Tower and Wilder.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201512/31/2014Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas
1321 Natural gas liquids

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Brian A.Yaworski 6/17/2015 5/12/2010
President, Chief Executive Officer, Director Cas H.Morel 6/16/2015 1/30/2004
Chief Financial Officer, Vice President - Finance Bud K.Love 1/1/2013 1/30/2004
7 additional Officers and Directors records available in full report.

Business Names
Business Name
1475136 Alberta Ltd.
Rhodes Resources Corp
Tecton Energy Canada ULC
7 additional Business Names available in full report.

General Information
Stock Exchange: TSE
Fax Number: (403) 264-7189


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Saturday, July 22, 2023