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Wednesday, 09/03/2008 1:02:17 PM

Wednesday, September 03, 2008 1:02:17 PM

Post# of 191
PanTerra Company Update
Wednesday September 3, 11:06 am ET


PAN - TSXV
CALGARY, Sept. 3 /CNW/ - PanTerra Resource Corp. (The "Company") wishes to announce that after several months of reservoir and engineering evaluations it is preparing for its 2008 fall field program. The program will consist of well completions, fracture stimulations, drilling, coring and geophysical work utilizing flow-through funds raised earlier this year.
PanTerra Resource Corp. is an Alberta-based resource company focused on the exploration and development of unconventional shallow and shale gas and its deeper rights potential in the Province of Saskatchewan. The Company holds 'all rights' in three Exploration Permits for a total of approximately 1.1 million acres in the Province of Saskatchewan. 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: fred@panterraresource.com
or Herve B. Collet, V.P. Operations/C.O.O. at (403) 261-5900, Email: herve@panterraresource.com



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Source: PanTerra Resource Corp.

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