Commercial Focus

mission statement

Commercial Focus

To deliver a competitive and sustainable rate of return to shareholders by exploring for oil and gas resources vital to the world's energy needs.

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Company Overview

PetroTerra Corp (OTCQB: PTRA) is a publicly traded oil and gas exploration and development company based in Colorado Springs, Colorado. The company is engaged in identifying, evaluating, and developing early-stage onshore oil and gas opportunities in North America.

Brochure - PDFBrochure - Interactive

PetroTerra's team comprises a number of experienced leaders. Together, they bring to PetroTerra more than 60 years of industry experience in the financial, oil and gas, and geology fields. PetroTerra is currently developing its oil and gas leases in Sevier and Beaver counties, Utah.

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Commercial Focus

Current Exploration Project

Commercial Focus

PetroTerra corp has acquired a 100% working interest and 80% net revenue interest in the Sevier and Beaver Oil Project and the three associated leases.

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Focus Area

Our current early-stage development projects will be concentrated in Utah's Central Thrust Belt. On April 12th 2014, the company acquired both the Sevier and Beaver Oil Prospects, a combined parcel of 5,950.54 acres located in west-central Utah, about 18 miles south of the Covenant Field. Covenant, owned by Wolverine Gas and Oil, is currently producing and selling more than 200,000 barrels per month from this discovery.1

Operation-area


 

At the request of PetroTerra Corp, MHA Petroleum Consultants conducted an Evaluation and Prospective Resources report that confirmed the existence of a sizeable prospect with a high case prospective resource volume of up to 243 million barrels of oil situated on the two Sevier County leases. With additional data collection, the Sevier prospect has the potential of developing into a drillable prospect. The Beaver Prospect contains a large lead with multiple targets requiring further evaluation.2

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1   http://www.wolvgas.com
2   Aldrich, J.B. (March 2014). Sevier and Beaver Oil Project Utah: Evaluation and Prospective Resources. MHA Petroleum Consultants LLC. page 3.