Anterra Energy Inc. (TSX VENTURE:AE.A) ("Anterra" or the "Company") is pleased
to provide the following operations update.


BUCK LAKE LSD 01-17-45-5W5M: This horizontal Cardium well continues to flow at
greater than 150 boepd, with cumulative production of over 30,000 boes since
production started on February 14, 2011. The Company has a sixty (60%) percent
working interest in the well and plans to install artificial lift during June,
2011. 


BUCK LAKE LSD 08-17-45-5W5M: The horizontal leg of this sixty (60%) percent
working interest Cardium well was drilled in April and the completion of the
well including multi stage "fracing" is now scheduled for mid June 2011. This is
a look alike well to the LSD 01-17 well. Following completion the well will be
tied into the central production facility and placed on production.


SASKATCHEWAN BAKKEN PROJECT: Anterra has scheduled the drilling of its one
hundred (100%) percent working interest Bakken test well at LSD 09-36-07-18W2M
for mid June 2011. This vertical test well will be logged and cored. If the
Bakken formation proves to be prospective for oil a horizontal leg will be
drilled and the well will be completed using multi stage "fracs". A successful
Bakken well will lead to further development as the Company owns 26 sections of
land in the immediate vicinity of the test well. The Company also intends to
test the Birdbear and Duperow formations in the well. 


CHINA AND SOUTH EAST INVESTOR RELATIONS TRIP:

The Company also wishes to advise shareholders that management recently visited
China and presented to over sixty (60) persons in both Beijing and Shanghai. A
copy of the Company's Asian tour presentation is now on the Company's web site
at www.anterraenergy.com.


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. 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.