Terra Energy Corp. reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net earnings of CAD 27.61 million, or CAD 0.86 per diluted share, compared to CAD 15.12 million, or CAD 0.49 per diluted share, for the same quarter ended June 30, 2013. Revenue for the second quarter ended June 30, 2014 was CAD 87.91 million, compared to CAD 67.87 million for the same quarter ended June 30, 2013.

For the six months, net earnings were CAD 50.65 million, or CAD 1.58 per diluted share, compared to CAD 27.81 million, or CAD 0.95 per diluted share, for the same period ended June 30, 2013. Revenue for the six months ended June 30, 2014 was CAD 161.75 million, compared to CAD 127.44 million for the same period ended June 30, 2013.