CALGARY, Jan. 12 /CNW/ -- PanTerra Resource Corp. (The "Company") wishes to report that it has completed the first phase of field enhancement operations at its 100% held Tomahawk property in west central Alberta. Battery and other facility upgrades will give the Company increased netbacks in oil revenue by reducing and or eliminating certain handling, processing and trucking fees. The re-activation of an oil well currently shut-in on the property is scheduled to take place in the near future.
PanTerra Resource Corp. is an Alberta-based producing oil and gas company which is focused on the exploration and development of conventional and unconventional potential in Western Canada. The Corporation holds 'rights' in excess of 1,000,000 acres in various properties in Western Canada. PanTerra trades on the TSX Venture Exchange under the symbol "PRC". Further information can be found at: www.panterraresource.com.
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