Claren Energy Corp (CNENF)

[Hamilcar54]

http://finance.yahoo.com/news/terra-nova-signs-letter-intent-120000113.html

Singapore / ACCESSWIRE / October 17, 2014 / Terra Nova Energy Ltd. (the "Company" or "Terra Nova") (TSX-V: TGC OTCQX: TNVMF) is pleased to announce that it has signed a letter of intent with Hunt Energy and Mineral Pty. Ltd. ("Hunt Energy") with regard to a drilling service agreement whereby Hunt Energy will provide drilling services for up to 6 wells in Terra Nova's Petroleum Exploration License ("PEL") 444 Block located on the western flank of the Cooper/Eromanga Basin in the State of South Australia, Australia.

"The recent amplitude-friendly reprocessing of the Wingman 3D is of excellent quality and multiple targets have been mapped so far at various stratigraphic levels such as Birkhead, Namur and Hutton." said Terra Nova Energy CEO and Chairman Henry Aldorf. "Currently we are ranking and risking these prospects by using the analogies from the adjacent Charo field. Coupled with the recent oil discovery in the nearby PEL 104 block we are very excited and looking forward to the upcoming drill campaign in PEL 444."