Terra Nova Energy Closes Acquisition of Additional 30.833% Interest in PEL 112 and PEL 444

Singapore – November 10, 2016 – Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce that it closed its acquisition of a 30.833% Working Interest (“Interest”) in Petroleum Exploration License (“PEL” or “Licenses”) 112 and 444, and a 1.47% gross overriding royalty interest on the PELs (the “Royalty”). In consideration of the …

Terra Nova Energy Announces Proposed Name Change and Share Consolidation

Singapore – November 3, 2016 – Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) (TSXV: TGC; OTCQX: TNVMF; FRANKFURT: GLTN) announces that it intends to consolidate its issued and outstanding common shares on the basis of one post-consolidation common share for four preconsolidation common shares (the “Consolidation”), to change its name to “Claren Energy Corp.” (the “Name Change”) and …

Terra Nova Energy Announces Results of Annual General and Special Meeting of the Shareholders and Continues into British Columbia

Singapore – October 31, 2016 – Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) (TSXV: TGC; OTCQX: TNVMF) is pleased to announce the results at the Company’s annual general and special meeting held on October 28, 2016 (the “Meeting”). Shareholders voted in favor of all items put forward by the Board of Directors. Shareholders set the number of directors …

Terra Nova Energy Enters Into Agreement to Acquire an Additional 30.833% Interest in PEL 112 and PEL 444

Singapore – September 28, 2016 – Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce that it has entered into an Agreement (“Agreement”) with Perseville Investing Inc. (“Perseville”) to acquire a 30.833% Working Interest (“Interest”) in Petroleum Exploration License (“PEL” or “Licenses”) 112 and 444, and a 1.47% gross overriding royalty interest …

Terra Nova Energy Appoints Mark Lawson to the Board of Directors

Singapore – September 7, 2016 – Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce the appointment of Mr. Mark Lawson to the company’s board of directors. Mr. Lawson was recently the President & Director of a private, emerging markets focused upstream oil & gas company that acquired an indirect interest in …

Terra Nova Energy Enters Into Farmout Agreement With Zeta Petroleum for the Bobocu Gas Field

Singapore — September 1, 2016 — Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce that it has entered into a Farmout Agreement (“Agreement”) with Zeta Petroleum (Romania) S.R.L. (“Zeta Petroleum”) to acquire up to an eighty percent (80%) participating interest in the Bobocu License, onshore Romania. Terra Nova will be entitled …

Terra Nova Completes Data Exchange with Senex and Bridgeport

Singapore — May 31, 2016 — Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) is pleased to announce that it has completed a 3D seismic data exchange with Senex Energy Limited (“Senex”) and Bridgeport Energy Australia (“Bridgeport”). Henry Aldorf, Chairman and CEO, stated, “This data exchange is part of our ongoing technical evaluation and commitment to the PEL 444 …

Terra Nova Issues Year-End Letter to Shareholders

Singapore – January 25, 2016 – Terra Nova Energy Ltd. (“Terra Nova” or the “Company”) is pleased to provide its year-end letter to shareholders from Chairman and CEO, Henry Aldorf: Dear Shareholders, As we begin 2016 I would like to reflect on the past year and our future plans given the significant changes in our industry over the last 18 …

Terra Nova Provides Update on PEL 444 Progress

Singapore — December 9, 2015 — Terra Nova Energy Ltd. (“Terra Nova”), the Operator of Petroleum Exploration License (PEL) 444, advises that it drilled through the Mid-Birkhead channel, as prognosed by the seismic interpretation. The well reached target depth (TD) at a depth of 2176 meters, 7138 feet, on time and under budget. No hydrocarbons were found to be present …

Terra Nova Provides Update on PEL 444 Progress

Singapore – December 4, 2015 – Terra Nova Energy Ltd. (“Terra Nova”), the Operator of Petroleum Exploration License (PEL) 444, is pleased to announce that the Eastern Well 101 Rig spudded the Baikal #1 at around 6.30 pm South Australian time on the 3rd of December 2015. As at 8:00 pm South Australian time on 4th of December 2015, the …