Terra Energy Corp. provided production and cash flow guidance for the fiscal year of 2014. For the period, the company's target production exit rate for year end 2014 is set at 4,900 boe/d, comprised of approximately 39% oil/liquids and 61% gas.

Cash flow from operations has been forecasted by the Company at approximately $20.8 million for 2014, based upon an estimated average natural gas price of $3.81 per mcf for the calendar year, an estimated average oil price of $86.27 per barrel and an average 2014 production rate of approximately 4,470 boe/d.