Terra Energy & Resource Technologies Inc. (TEGR)

[Natural Trader]

news on facebook:NEW YORK, NY – Terra Energy & Resource Technologies, Inc. (PINK: TEGR), a natural resource exploration services technology company, announces that the Company’s service subsidiary Terra Insight Services, Inc. signed a service contract with PT. INDOTAN Sumbawa Barat, an Indonesian company.

Terra Insight Services is to perform exploration for gold and copper utilizing its Sub Terrain Prospecting Technology (STeP®) on an approximately 500 square kilometer territory in Indonesia.
“This is our most recent of several contracts in Indonesia since the completion of STeP work for the state oil company Pertamina. This contract is a result of tenacious promotion work by Terra’s Indonesian market partner PT. Indonesia – International Energy Solutions Partners represented by Mr. George Barber,” said Dr. Alexandre Agaian, President of Terra Energy & Resource Technologies, Inc.

“We are proud of this contract for many reasons, including a perfect alignment of interests between client and Terra, and we believe it is noteworthy that PT. INDOTAN Sumbawa Barat has embraced our unique and innovative exploration technology for gold and copper exploration in Indonesia in today’s competitive environment,” said Dmitry Vilbaum, the Company’s Chief Executive Officer. “This project is progressing well. We are also in varying stages of discussions and proposals in connection with additional service work in Indonesia’s geothermal, oil and gas, and mineral exploration industries.”

About Terra Energy & Resource Technologies, Inc.

Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources, and assesses them for any given geographic area -- on or offshore. For more information, visit
http://www.terrainsight.com.
https://www.facebook.com/terra.energy/