PanTerra Acquires Additional Cardium Rights

TSX-V: PRC

CALGARY, Jan. 14 /CNW/ - PanTerra Resource Corp. (The "Company") wishes to report that it was successful at acquiring an additional 160 acres of 'Cardium' rights at its Carrot Creek property at a recent Alberta Crown Land Sale. The acquisition raises the Company's Carrot Creek (100% working interest) land holdings to 2080 net acres of Cardium Rights. The re-entry of a Cardium well situated on the newly acquired property will take place in the near future.

PanTerra Resource Corp. is an Alberta-based producing oil and gas company which is focused on the exploration and development of conventional and unconventional potential in Western Canada. The Corporation holds 'rights' in excess of 1,000,000 acres in various properties in Western Canada. PanTerra trades on the TSX Venture Exchange under the symbol "PRC". Further information can be found at: www.panterraresource.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE Ikkuma Resources Corp.

For further information: 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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