VANCOUVER, July 2, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF; FRANKFURT: 2TR) is very pleased to announce the appointment of Keith R. Godwin as its Vice President and Chief Financial Officer effective July 1, 2014. Mr. Godwin brings over 20 years of public company experience in accounting and financial management with primary responsibility for financial reporting, internal financial [...]
VANCOUVER, June 9, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) is pleased to announce that its wholly owned subsidiary, Terrace STS, LLC, has secured a US$75 million senior unsecured term credit facility (the "Term Credit Facility"), which is non-recourse to Terrace, to fund the development of its STS Olmos Project in McMullen and LaSalle Counties in south Texas [...]
VANCOUVER, May 27, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR) (OTCQX: TCRRF) (FRANKFURT: 2TR) is very pleased to announce the addition of Justin F. Foley as Director of Land and Legal to our senior management team effective immediately. Justin will play a critical role in the management of the Company's development and exploration drilling programs as well as our ongoing expansion activities in the [...]
VANCOUVER, April 10, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) is pleased to announce it has received an independent appraisal report of its estimated proved and probable reserves as at its January 31, 2014 fiscal year-end (the "Report"), which was prepared by DeGolyer and MacNaughton of Dallas Texas, a qualified reserves evaluator pursuant to National [...]
VANCOUVER, March 26, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR, OTCQX: TCRRF; Germany: 2TR) is pleased to announce it has reached an agreement to develop significant new acreage in Zavalla and Dimmit Counties on trend with recent, highly successful wells in the emerging Buda Limestone formation in South Texas. On February 24, 2014, the Company announced it had entered into an agreement [...]
VANCOUVER, March 17, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF; FRANKFURT: 2TR) is pleased to announce it has completed drilling operations on the first well of its 2014 development drilling program for its STS Olmos Project. The first well, the STS 1-4H, was spud at the end of February and drilled to a measured depth of 13,420 feet, including 4,642 feet of horizontal section in the [...]
VANCOUVER, Feb. 24, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR) (OTCQX: TCRRF) (Germany: 2TR) is pleased to announce it has reached an agreement to acquire and develop significant new acreage in Zavalla and Dimmit Counties, which is on trend with recent, highly successful discovery wells in the emerging Buda Limestone formation in South Texas. The Company has entered into a Farm-in [...]
VANCOUVER, Feb. 24, 2014 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV: TZR) (OTCQX: TCRRF) (Germany: 2TR) is pleased to announce it has reached an agreement to acquire and develop significant new acreage in Zavalla and Dimmit Counties, which is on trend with recent, highly successful discovery wells in the emerging Buda Limestone formation in South Texas. The Company has entered into a Farm-in [...]
/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Jan. 14, 2014 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV: TZR, OTCQX: TCRRF; FRANKFURT: 2TR) is pleased to announce it has completed its brokered public offering of 4,935,000 common shares at a price of CDN$2.15 per share for gross proceeds of CDN$10,610,250, under the Company's short-form prospectus dated [...]
/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Dec. 18, 2013 /CNW/ - Terrace Energy Corp. (the "Company") (TSXV:TZR, OTCQX:TCRRF, FRANKFURT:2TR) is pleased to announce that the Company and Canaccord Genuity Corp., as lead agent on behalf of a syndicate of agents including Cormark Securities Inc., Primary Capital Inc. and Salman Partners Inc., have agreed to [...]
/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Dec. 16, 2013 /CNW/ - Terrace Energy Corp. ("Terrace" or the "Company") (TSX-V: TZR), (OTCQX: TCRRF); (FRANKFURT: 2TR) is pleased to announce it has obtained a receipt for its preliminary short form prospectus dated December 16, 2013, filed with the securities regulatory authorities in British Columbia, Alberta [...]
VANCOUVER, Dec. 2, 2013 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV:TZR, OTCQX:TCRRF, FRANKFURT:2TR) is pleased to announce that the BlackBrush Terrace LP ("BBTLP") has successfully drilled and completed its first well (the "Chittim Heirs 2-H" well) in the Eagle Ford Shale formation on its 147,000 acre Maverick County Project. Chittim Heirs 2-H was drilled to a total depth of 9,389 feet, including a [...]