Terra Nova Confirms Status as Operator in PEL 112 and 444

Singapore — May 26, 2015 — Terra Nova Energy Ltd. (“Terra Nova”) (TSX-V: TGC; OTCQX: TNVMF) wishes to confirm that, notwithstanding the termination of the Farm-In Agreement, it remains operator of the joint venture to explore and develop Petroleum Exploration Licenses (“PEL”) 112 and 444. By way of a Deed of Assignment and Assumption dated August 25, 2013, in respect …

Terra Nova Terminates Farm-In Agreement and will Advance PEL 112 and 444 on a Pro-Rata Basis

Singapore — May 19, 2015 — Terra Nova Energy Ltd. (“Terra Nova”) (TSX-V: TGC; OTCQX: TNVMF) announces that it has terminated its Farm-In Agreement (the “Agreement) with Holloman Energy Corporation (“Holloman”) and plans to advance its working interests in Petroleum Exploration Licenses (“PEL”) 112 and 444 on a pro-rata basis. Terra Nova reviewed the terms of the Agreement in light …

Terra Nova Completes Cultural Heritage Clearance for the Upcoming Drilling Campaign in PEL 444

Singapore – March 30, 2015 – Terra Nova Energy Ltd. (the “Company” or “Terra Nova”) (TSX-V: TGC OTCQX: TNVMF) is pleased to announce that it has completed the heritage clearances and environmental assessments required for the Company’s upcoming drilling campaign and is applying for site preparation approval as well as drilling permits. The drilling campaign is anticipated to commence end …

Terra Nova Completes $3,000,000 Capital Injection from Sale of Minority Working Interest

Singapore — February 23, 2015. Terra Nova Energy Ltd. (“Terra Nova”) (TSX-V: TGC OTCQX: TNVMF) is pleased to announce that Terra Nova Energy (Australia) Pty Ltd., being a wholly owned subsidiary of Terra Nova, has sold a 5.1666% working interest in each of Petroleum Exploration License (“PEL”) 112 and 444 for a total of $3,000,000 (the “Purchase Price”) in accordance …

Terra Nova to Receive C$3,000,000 Capital Injection

Singapore – February 10, 2015. Terra Nova Energy Ltd. (“Terra Nova”) (TSX-V: TGC OTCQX: TNVMF) is pleased to announce that it has signed a term sheet with Perseville Investing Inc. (“Perseville”) whereby Perseville has agreed to acquire a 5.1666% working interest in each of Petroleum Exploration License (“PEL”) 112 and 444 for a total of C$3,000,000 (the “Purchase Price”). Terra …

Terra Nova Completes $506,500 Private Placement

Singapore – February 2, 2015. Terra Nova Energy Ltd. (the “Company” or “Terra Nova”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce the successful completion of its previously announced non-brokered private placement (the “Private Placement”) of units of the Company (each, a “Unit”) at a subscription price of $0.20 per Unit for gross proceeds of $506,500. The proceeds of this …

Terra Nova Announces Issuance of Shares on Conversion of Note

Singapore – December 30, 2014. Terra Nova Energy Ltd. (“Terra Nova”) (TSX-V: TGC; OTCQX: TNVMF) announces it has issued a total of 13,636,364 common shares in connection with the conversion of CAD $1,500,000 of its previously issued 10% convertible note at a price of $0.11 per share. This conversion has reduced the principal balance of convertible notes to $nil. About …

Terra Nova Applies for Permits and Heritage Clearance for the Upcoming Drilling Campaign in PEL 444

Singapore – December 12, 2014. Terra Nova Energy Ltd. (the “Company” or “Terra Nova”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce that it has initiated the process of acquiring the required permits and heritage clearance in support of the upcoming drilling campaign for the Company’s Petroleum Exploration License 444 located on the western flank of the Cooper/Eromanga Basins in …

Terra Nova Announces Proposed $500,000 Private Placement Financing

Singapore – December 3, 2014. Terra Nova Energy Ltd. (“Terra Nova”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce that its board of directors have approved a proposed private placement offering of up to 2,500,000 units (the “Units”) at a price of $0.20 per Unit for gross proceeds of up to $500,000 (the “Offering”). Each Unit will be comprised of …

Terra Nova Identifies Eight Drilling Locations for PEL 444

Singapore – November 21, 2014. Terra Nova Energy Ltd. (the “Company” or “Terra Nova”) (TSX-V: TGC; OTCQX: TNVMF) is pleased to announce that it has completed the interpretation of the reprocessed Wingman 3D seismic survey from which eight prospective geological features have been recognized that appear suitable for drilling exploratory wells. The Wingman 3D covers 84 sq km within the …