Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A) announces
that the horizontal Cardium well at LSD 01-17-45-5W5M in the Pembina (Buck Lake)
area of Alberta was placed on production on February 14, 2011. The well
continues to flow and for the month of February produced at average rates of 710
barrels of oil equivalent per day (BOEPD) comprised of 584 barrels of oil and
760 mcf of gas per day. As of March 8, 2011, the well continues to produce
approximately 610 BOEPD at a tubing pressure of 2,100 kpa and a casing pressure
of 3,400 kpa. Anterra holds a sixty (60%) percent working interest in the well
and the balance of Section 17. 


The Company also announces that it has recently completed the drilling and
casing of a second horizontal development well at LSD 08-17-45-5-W5M and that
this well will now be fraced, completed, tied in and placed on production. Based
on an internal technical review, the Company has eight (8) potential horizontal
development drilling locations on its lands in the Pembina Buck Lake area.


Anterra estimates that its production over the first quarter of 2011 will
average approximately 350 BOEPD with the second well at LSD 08-17-45-5-W5M
contributing additional volumes during the second quarter of 2011.


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. 


BOE's may be misleading, particularly if used in isolation. A BOE conversion
ratio of 6 Mcf: 1 bbl is based on an energy equivalency conversion method
primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.