Terra Energy Corp. announced earnings results for the nine months ended September 30, 2015. The company reported net loss and comprehensive loss for the nine months ended September 30, 2015 was CAD 28.98 million, or CAD 0.27 loss per share, compared to a net loss and comprehensive loss of CAD 4.59 million, or CAD 0.04 loss per share, for the same period ended September 30, 2014.

Petroleum and natural gas revenues, net of royalties for the nine months ended September 30, 2015 were CAD 13.74 million, compared to CAD 30.05 million for the same period ended September 30, 2014.