Quaterra Resources Inc. announced that Gerald Prosalendis, a current consultant of the cmpany, has been named President and Chief Operating Officer, effective immediately. To accommodate this appointment, Thomas Patton has resigned as President while retaining the positions of Chairman and Chief Executive Officer. Mr. Prosalendis has been involved in decision making at a senior level for 30 years across a variety of industries, and for the last two decades has focused on the mining exploration and development business.

Mr. Prosalendis has been an officer or director of a number of publicly traded mining exploration and development companies.