PanTerra Resources Corp. (PANNF)

[kcjones]

From thr Stockhouse BB

"PAN" would like to thank all of those shareholders who have stuck with us. 2007 promises to be a great year. "PAN" has now completed all of the cased-hole logs and the results look very encouraging.
Over the next few weeks "PAN" will be assessing all of the core and other lab data, integrating this with open and cased-hole logs and putting together completion programs for a number of wells. It appears that in most wells, there are two or more potential zones the Company may want to perforate and fracture stimulate. "PAN" is confident these zones will prove positive.

In other news, a major trust company has drilled and completed a well near "PAN's" Foam Lake property and sources state that gas was tested from this well.

"PAN" will be making an announcement when it intends to commence the completion program and will keep the shareholders posted as events materialize.

In the mean time the Company thanks you for your patience and continued support.