Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) is pleased
to announce certain corporate developments on its core oil and gas properties.


BRETON: At Breton, focused workovers and recompletions have increased production
from this core property from 100 boepd in July, 2010 to 140 boepd in October,
2010. As a result, total Company production is presently 240 boped. Also at
Breton, the Company's midstream business continues to perform well and is now a
solid contributor to monthly revenue and cash flow.


BUCK LAKE: At LSD 01-17-45-5W5M in Buck Lake, Anterra has farmed out a portion
of its interest for the drilling of a horizontal Cardium well budgeted at $3.3
million (gross), to two industry partners. Anterra is paying 40% of the costs of
the drilling and completion and will own 60% of the working interest in the well
and the section. The LSD 01-17 location directly offsets four vertical producing
Cardium oil wells and one horizontal Cardium oil well in Section 9 to the east
of the Anterra location. The well is expected to commence drilling by November
15, 2010. Anterra holds a further 6 sections of land over the Cardium play in
the Pembina area and is seeking partners to drill horizontal tests on these
lands. 


JUDY CREEK: Anterra holds several sections of land in the Judy Creek area with
two suspended Swan Hills reef wells on the property. The Company has recently
farmed out the drilling of a $3 million Swan Hills test on the lands which is
expected to commence drilling by December 1, 2010.


SASKATCHEWAN: Anterra holds 17 sections of land in the Abbott area of south east
Saskatchewan and is seeking partners to run 3-D seismic and drill a horizontal
Bakken well on the property.


About Anterra Energy

Anterra Energy is an independent exploration, development and production company
with an emerging focus on the use of advanced exploration technologies including
3-D imaging, horizontal drilling and multi-stage completions to systematically
develop its portfolio of conventional and non-conventional oil and gas projects.
Complementing this strong exploitation and development focus, the Company owns
and operates fee-based midstream facilities in western Canada. Anterra is a
public Canadian company listed on the TSXV under the symbol AE.A. More
information about Anterra is available on the Company's website at
www.anterraenergy.com.


Reader Advisory: 

This news release contains certain forward-looking statements, which include
assumptions with respect to future operations. The reader is cautioned that
assumptions used in the preparation of such information may prove to be
incorrect. All such forward-looking statements involve substantial known and
unknown risks and uncertainties, certain of which are beyond the Company's
control. Such risks and uncertainties include, without limitation, risks
associated with oil and natural gas exploration, development, exploitation,
production, marketing and transportation, volatility of commodity prices,
availability of drilling rigs and other services, delays resulting from or
inability to obtain required regulatory approvals and ability to access
sufficient capital from internal and external sources, the impact of general
economic conditions in Canada and the United States, industry conditions,
changes in laws and regulations (including the adoption of new environmental
laws and regulations) and changes in how they are interpreted and enforced, the
lack of availability of qualified personnel or management, fluctuations in
foreign exchange or interest rates, and stock market volatility. The Company's
actual results, performance or achievements could differ materially from those
expressed in, or implied by, these forward-looking statements and, accordingly,
no assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of them do, what
benefits, including the amount of proceeds, the Company will derive there from.
Readers are cautioned that the foregoing list of factors is not exhaustive.