TMX group

Feb. 16, 2011 (Canada NewsWire Group) --

TSX-V: PRC

CALGARY, Feb. 16 /CNW/ - PanTerra Resource Corp. (The "Company") wishes to report that it has SEDAR filed its reserves data and other oil and gas information for the year ended December 31, 2010 as mandated by National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities. Copies of this filing may be obtained on SEDAR (www.sedar.com) or by contacting the Company.

PanTerra is a diversified junior public oil and gas company listed on the TSXV (PRC.V) with holdings in both conventional and unconventional projects in Western Canada. The Company has an operated production base of 75 BOPD and 200 Mcf/d gas with excellent optimization and exploitation potential.  Additionally PanTerra holds 'rights' in excess of 100,000 acres in various properties in Western Canada. PanTerra trades on the TSX Venture Exchange under the symbol "PRC". Company information can be found at: www.panterraresource.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.