Anterra Energy Announces New President and Director

    TSXV Symbol: AE.A and AE.B

    32,169,040 Class A Shares
    753,014 Class B Shares

    CALGARY, June 25 /CNW/ - Anterra Energy Inc. ("Anterra" or the "Company")
today announced that William E. Johnson has joined the Company as President,
Chief Operating Officer, and as a director.
    Mr. Johnson will spearhead the Company's move into non-conventional oil
and gas exploration and development. He brings more than 20 years of
experience in a senior executive role with two major Calgary-based oil and gas
companies, where he developed strategies and implemented programs for the
exploitation and development of oil and gas reserves throughout western
Canada. In his most recent position, he managed a $190 million capital budget
and added more than 40 mmscfd of gas production to the organization. Earlier
in his career, Mr. Johnson managed several districts producing between 2,000
and 5,000 boepd and was responsible for the staffing and exploitation of
annual operating budgets ranging from $50 million to $150 million. A member of
the Association of Professional Engineers, Geologists and Geophysicists of
Alberta, he has a Bachelor of Science in Engineering from the University of
Saskatchewan and a Masters in Petroleum Engineering from the University of
    "Anterra's management team is excited to have the privilege of working
with an executive of Bill's calibre," said Owen Pinnell, Chairman and Chief
Executive Officer. "He is an experienced oil and gas executive with a proven
ability to lead teams and develop strategies for evolving exploration and
development projects, which makes him absolutely the right person to lead our
non-conventional oil and gas initiatives. Bill is committed to growing
production and increasing revenues and shareholder value for Anterra."

    About Anterra Energy

    Anterra Energy is an emerging energy company with a balanced portfolio of
lower risk conventional and non-conventional development projects and
high-impact exploration opportunities. The Company's growth strategy is to
increase reserves and production through focused development drilling while
continuing to explore its high-impact opportunities through joint ventures and
farm-out agreements. Complementing this strategy are Anterra's company owned
and operated oil and gas production and associated fee-based midstream
facilities in western Canada. Anterra is a public Canadian company listed on
the TSX Venture Exchange under the symbols AE.A and AE.B. More information
about Anterra is available at

    Forward-Looking Information

    This news release contains forward-looking information related to the
Company's planned drilling program, production and operating costs. These
statements are based on current expectations that involve a number of risks
and uncertainties, which could cause actual results to differ from those
anticipated. These risks include, but are not limited to, risks associated
with the oil and gas industry (e.g., operational risks in development,
exploration and production; delays or changes in plans with respect to
exploration or development projects or capital expenditures; the uncertainty
of estimates in relation to reserves, production and expenses; health, safety
and environmental risks; and the uncertainty of dealing with government and
obtaining regulatory approvals). Due to the risks, uncertainties and
assumptions inherent in forward-looking statements, prospective investors in
the Company's securities should not place undue reliance on them.
    In addition, the term BOE or BOEs may be misleading, particularly if used
in isolation. A BOE (barrel of oil equivalent) conversion ratio of 6 Mcf per
one (1) BOE is based on an energy equivalency conversion method primarily
applicable at the burner tip and does not represent a value equivalency at the

    Reader Advisory

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this press release.

    %SEDAR: 00025272E

For further information:

For further information: Owen C. Pinnell, Chairman and Chief Executive
Officer, Anterra Energy Inc., Telephone: (403) 215-2427, Facsimile: (403)
261-6601, E-mail:

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