TTR Titanium Transportation Group Inc

Terra Energy Corp. ("Terra Energy" or the "Company") (TSX VENTURE:TTR) is
pleased to announce that it has agreed to acquire all of the shares of Tecton
Energy Canada ULC ("Tecton") in cash and share exchange transaction valued at $8
million Cdn. Terra Energy has agreed to pay $4 million in cash and issue $4
million in common shares priced at $1.55 per share (representing a five-day
weighted average price of the Company's stock). Closing of the transaction is
subject to regulatory approvals and is scheduled to occur in late May, 2009
following due diligence reviews to be performed on Tecton.


"The current economic downturn and low commodity price environment provide Terra
Energy with many growth opportunities.", said Cas H. Morel, President and CEO of
Terra Energy. "Prior to embarking on deals which may be more oil weighted or
which involve new fields of operation, the Company has decided to further
solidify its position in the Fort St. John area of British Columbia with this
strategic acquisition. The opportunity set and fit with our existing land base
and infrastructure is compelling."


Tecton is a private company whose assets consist primarily of 140 gross sections
of P&NG mineral rights (71 net) located in the immediate vicinity of Fort St.
John. These lands are either adjacent to or proximal to lands currently owned by
Terra Energy. The mineral rights cover approximately 89,910 gross acres (46,011
net), with Montney rights throughout and many sections in which all mineral
rights are included from surface to basement.


In May of 2008, Terra Energy sold mineral rights in only the Montney formation
in approximately 110 sections of land for a total purchase price of
approximately $67 million. The Tecton lands do have the potential for Montney
gas. More important to Terra Energy, however, is that the Tecton lands have
potential in numerous other formations which the Company has been exploiting
over the past five years, including the Baldonnel, Charlie Lake, Halfway, Doig,
Belloy and Kiskatinaw formations.


As a result of the proximity of the Tecton lands to the Company lands, the
Company's existing seismic data base can be used and easily expanded to assist
in the exploitation of these new lands. Furthermore, the Company's significant
investment over the past three years in building pipelines and other
infrastructure will be rewarded through the development of the multi-zone
potential from the Tecton lands.


A map of the combined Terra Energy lands and the Tecton lands is available for
viewing at the Company's website, at www.terraenergy.ca.


READER ADVISORY

This media release contains certain statements which constitute forward-looking
statements or information, including completion of the acquisition, development
potential and the positioning of the Corporation for future growth and value
creation. Although Terra Energy believes that the expectations reflected in our
forward-looking statements are reasonable, our forward-looking statements have
been based on factors and assumptions concerning future events which may prove
to be inaccurate. Those factors and assumptions are based upon currently
available information. Such statements are subject to known and unknown risks,
uncertainties and other factors that could influence actual results or events
and cause actual results or events to differ materially from those stated,
anticipated or implied in the forward looking information. As such, readers are
cautioned not to place undue reliance on the forward looking information, as no
assurance can be provided as to future results, levels of activity or
achievements. Risks include, but are not limited to: the risks associated with
the oil and gas industry (eg., operational risks in development, exploration and
production; delays or changes in plans with respect to exploration or
development projects or capital expenditures; the uncertainty of reserve
estimates; the uncertainty of estimates and projections relating to production,
costs and expenses, and health, safety and environmental risks), commodity
price, price and exchange rate fluctuation and uncertainties resulting from
potential delays or changes in plans with respect to exploration or development
projects or capital expenditures. The risks, uncertainties, material assumptions
and other factors that could affect actual results are discussed in more detail
in our Annual Information Form and other documents available at www.sedar.com.
Furthermore, the forward-looking statements contained in this document are made
as of the date of this document and, except as required by applicable law, Terra
Energy does not undertake any obligation to publicly update or to revise any of
the included forward-looking statements, whether as a result of new information,
future events or otherwise. The forward-looking statements contained in this
document are expressly qualified by this cautionary statement.


Terra Energy is a junior oil and gas company engaged in the exploration for, and
development and production of, natural gas and oil in Western Canada. Terra
Energy's common shares trade on the TSX Venture Exchange under the symbol 'TTR'.

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