PanTerra Boosts Oil Netbacks at Tomahawk, Alberta

PanTerra has completed the first phase of field enhancement operations at its 100% held Tomahawk property in west central Alberta. Battery and other facility upgrades will give the Company increased netbacks in oil revenue by reducing and or eliminating certain handling, processing and trucking fees. The re-activation of an oil well currently shut-in on the property is scheduled to take place in the near future.

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