Terra Energy Corporation operates in the Crude petroleum and natural gas sector. Terra Energy Corp. is a Canada-based oil and gas exploration, development and production company operating primarily in the Western Canadian Sedimentary Basin. The majority of the Company's proved undeveloped reserves are in its core area of Fort St. John British Columbia and Balsam and Cecil in Alberta. In Sunrise, which represents approximately 66% of the total proved undeveloped reserves of the Company, it drilled two infill development wells. Its properties include Boudreau, Eagle, Red Creek, Stoddart, Tower, Wilder, Stoddart 4-24 and North Pine 11-2, North Boundary/Hill, Worsley, Cecil Battery and Dimsdale. On June 17, 2009, the Company, though its wholly owned subsidiary,y 1475136 Alberta Ltd., acquired Tecton Energy Canada ULC. On July 15, 2009, it acquired certain oil and gas assets located in the Peace River Arch regions of northeast British Columbia and northwest Alberta. On December 15, 2009, the Company sold its non-operated interests in Boundary Lake Units one and two. In our complete report available for purchase the company is compared to: Mart Resources Incorporation, Anderson Energy Ltd and Twin Butte Energy Ltd.