Anterra Energy Inc

1420, 1122 – 4th Street SW, Calgary, Alberta, Canada | Oil & Gas

Anterra Energy Inc. is an independent exploration and production Company with an expanding presence in the Western Canadian Sedimentary Basin. The Company is oil focused and 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, Canada.

Anterra Energy Inc. (‘Anterra” or the “Corporation”) is committed to following corporate governance practices consistent with regulatory requirements and industry standards. Anterra considers good corporate governance to be central to effective, efficient and safe operations.

The members of the Board of Directors (the “Board”) of Anterra Energy Inc. (the “Corporation”) are elected annually by shareholders at the Corporation’s Annual General Meeting. The fundamental responsibilities of the Board are to: (i) appoint and oversee a competent executive team to manage the business of the Corporation, with a view to maximizing shareholder value, (ii) identify and understand the risks associated with the business of the Corporation and (iii) ensure that the Corporation conducts its affairs in an ethical and legal fashion through an appropriate system of corporate governance, internal controls and disclosure and reporting processes.

Currently, eight of the Corporation’s nine directors are independent of management.

Committees of the Board

To assist in the performance of its duties, the Board has established, and delegated certain responsibilities to, the following Committees of the Board.

Audit and Reserves Committee

The Audit and Reserves Committee reviews the annual financial statements and related financial reporting of the Corporation and meets with the external independent auditors to review and consider audit procedures and to assess the appropriateness and effectiveness of the Corporation’s financial policies, business practices and internal controls. The members of the Audit and Reserves Committee have direct access to the external auditors of the Corporation. The Audit and Reserves Committee also reviews the unaudited quarterly financial statements, management’s discussion and analysis of financial results and earnings press releases.

The Audit and Reserves Committee also oversees the annual determination and evaluation of the Corporation’s oil and gas reserves by the Corporation’s independent reserve evaluators, including disclosures in compliance with regulatory requirements.

Anterra Energy Inc. (‘Anterra” or the “Corporation”) is an independent, oil-focused, junior exploration and production company headquartered in Calgary, Alberta, Canada. Focused on growth, the Corporation is expanding its presence in the Western Canadian Sedimentary Basin through an active acquisition program combined with the ongoing development and exploitation of its existing properties. The Corporation has two revenue streams: revenue from production and midstream processing revenue, the latter of which moderates commodity price and production fluctuations.

 
Anterra is well financed with significant commited bank credit facilities. Additionally, the Corporation has raised $14 million of equity capital through private placements in 2013. Anterra has access to additional capital from Asia resulting from relationships developed over the past two years including that with LandOcean Energy Services Co.,Ltd of Beijing. LandOcean is a major listed corporation in China providing oil and gas technical services worldwide. In addition to being a significant shareholder, LandOcean and Anterra have entered into an arrangement whereby LandOcean is providing Anterra with ongoing, leading edge technical services.

Corporate Overview

Anterra Energy Inc. (‘Anterra” or the “Corporation”) is an independent, oil-focused, junior exploration and production company headquartered in Calgary, Alberta, Canada. Focused on growth, the Corporation is expanding its presence in the Western Canadian Sedimentary Basin through an active acquisition program combined with the ongoing development and exploitation of its existing properties. The Corporation has two revenue streams: revenue from production and midstream processing revenue, the latter of which moderates commodity price and production fluctuations.

 
Anterra is well financed with significant commited bank credit facilities. Additionally, the Corporation has raised $14 million of equity capital through private placements in 2013. Anterra has access to additional capital from Asia resulting from relationships developed over the past two years including that with LandOcean Energy Services Co.,Ltd of Beijing. LandOcean is a major listed corporation in China providing oil and gas technical services worldwide. In addition to being a significant shareholder, LandOcean and Anterra have entered into an arrangement whereby LandOcean is providing Anterra with ongoing, leading edge technical services.

Company Details
Company NameAnterra Energy Inc
Business CategoryOil & Gas
Address1420, 1122 – 4th Street SW
Calgary
Alberta
Canada
ZIP: T2R 1M1
PresidentDr. Gang Fang
Year Established2001
Employees50
MembershipsNA
Hours of OperationNA

Similar Companies