Press Release Source: PanTerra Resource Corp.
PanTerra Announces Changes to Board
Wednesday January 10, 2:08 pm ET
PAN - TSXV
CALGARY, Jan. 10 /CNW/ - PanTerra Resource Corp. (the "Company") is pleased to announce that effective January 2, 2007, Mr. David J. Halpin, CMA, was appointed to its Board of Directors. Mr. Halpin is currently CFO of Mart Resources, Inc., an international oil and gas firm.
On January 3, 2007, Mr. Al Kiernan P.Eng., was also appointed to the PanTerra Board of Directors. Mr. Kiernan is a former VP Production with PrimeWest Energy Inc., AEC and Chieftain Development Co. Ltd. Both Messrs. Halpin and Kiernan are active in the oil and gas industry and are a welcome addition to PanTerra's Board.
The Company also announces that effective January 3, 2007 Mr. Keith Caldwell resigned from the Board. PanTerra wishes Mr. Caldwell all the best in his retirement and thanks him for the wisdom and guidance he provided.
PanTerra Resource Corp. is an Alberta-based resource company focused on the exploration and development of unconventional shallow and shale gas. The Company holds three permits and one license for a total of 1.1-million acres (550,000 acres net) on four properties in Saskatchewan. The Company recently drilled 39 wells (50% net to PAN) and is in the process of assembling completion programs. PanTerra trades on the TSX Venture Exchange under the symbol "PAN". Further information can be found at www.panterraresource.com.
The TSX Venture Exchange has not reviewed nor accepts responsibility for
the adequacy or accuracy of the contents of this news release.
For further information
Fred P. Rumak P.Geol., President and C.E.O. at (403) 261-5900, Email to:
