Anterra Energy Inc. (TSX VENTURE:AE.A)(OTCQX:ATERF) ("Anterra" or the "Company")
announces that it has signed a letter of intent with Jiangsu Baoli Asphalt Co.,
Ltd. ("Baoli") of China for a $7 million private placement of Class A common
shares priced at $0.067 per share. The financing is subject to several
conditions, including the execution of a definitive agreement, TSX Venture
Exchange ("TSX-V") approval, and compliance with applicable laws. The financing
is expected to close on or before October 31, 2013 and is conditional on the
appointment of a representative of Baoli to Anterra's board of directors.


"This proposed financing will support the planned expansion of our oil and gas
activities in Western Canada," stated Dr. Gang Fang, Chief Executive Officer of
Anterra. "Proceeds from the financing will be used to fund our capital programs
including potential property acquisitions, exploitation and development
activities, as well as fund working capital requirements."


The Baoli private placement is in addition to the $7 million financing with
Huisheng Group Co. Ltd. announced on May 29, 2013, which is scheduled to close
upon receipt of final acceptance from the TSX-V, and the $7 million financing
completed on April 5, 2013 with LandOcean Resources Investment Canada Co. Ltd.


About Anterra Energy Inc.

Anterra is an independent, oil focused junior exploration and production company
with an expanding presence in the Western Canadian Sedimentary Basin. The
Company is actively engaged in the acquisition, development and production of
oil and natural gas complemented by the operation of fee-based midstream
facilities. Anterra is headquartered in Calgary, Alberta, is listed and trades
on the TSX-V under the symbol AE.A and trades on OTCQX International under the
symbol ATERF. Additional information is available on the Company's website at
www.anterraenergy.com.


Reader Advisory

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.


This news release contains forward-looking statements relating to the timing and
terms of proposed financings and the proposed use of the proceeds of the Baoli
financing. Anterra has provided the forward-looking statements in reliance on
assumptions that it believes are reasonable at this time. The reader is
cautioned that the assumptions used in the preparation of the forward-looking
statements 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, delays resulting from or inability to obtain required regulatory
approvals and the ability of Anterra to satisfy, in a timely manner, the other
conditions to the closing of the financings. The 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Anterra Energy Inc.
Gang Fang
Chief Executive Officer
403-215-2383
403-261-6601 (FAX)
fangg@anterraenergy.com


Anterra Energy Inc.
Owen C. Pinnell
Chairman
403-215-2427
403-261-6601 (FAX)
pinnello@anterraenergy.com
www.anterraenergy.com