LevelStock.com: Terra Energy & Resource Technologies Expands Its Reach to Indonesia Via a Market Partner Agreement

Terra Energy & Resource Technologies, Inc. (OTCBB:TEGR), a natural resource exploration technology company,announced today it is expanding its oil and gas exploration services offering to Indonesia by signing a market partner agreement with PT. Wahana Petranusa, an oil and gas services firm in Jakarta. The contract sets forth a market partner framework between the companies, granting Petranusa certain rights in connection with the sales and marketing of the Terra exploration services in Indonesia.

"PT. Wahana Petranusa has already proven itself as a strong local partner by arranging for a pilot exploration contract for the Indonesian state-owned Pertamina's oil and gas license territory. Our relationship started approximately one year ago, and we are encouraged to have solidified it via this market partner agreement and the services contract," said Dr. Alexandre Agaian, President of Terra Energy & Resource Technologies.

Dr. Agaian noted that Indonesia is a well established oil and gas exploration and production country also stating: "We have recently announced a similar market partner relationship with Solvex SA in South America, and since then we have provided potential clients there with commercial proposals. We will be holding a series of follow-up meetings and presentations in Buenos Aires during the week of May 17. We believe that Petranusa and Solvex will be valuable channels for offering Terra services internationally, paving the way to valuable contracts and projects."

About Terra Energy & Resource Technologies, Inc.

Terra Energy & Resource Technologies, Inc., through its subsidiary Terra Insight Services, Inc., provides mapping and analysis services for exploration, drilling, and mining companies related to natural resources found beneath the surface of the Earth. The Company uses a suite of innovative and efficient technologies, which facilitate the prediction and location of commercially viable deposits of hydrocarbons, gold, diamonds, and other natural resources, and assesses them for any given geographic area - on or offshore. For more information, visit http://www.terrainsight.com.

Safe Harbor for Forward-looking Statements

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause the Company's expectations and beliefs about its operations and business plans, its services and service offerings, its plans to acquire interests in exploration properties or technologies, plans to drill or drilling results to fail to materialize, including, but not limited to: competition for new acquisitions; availability of capital; unfavorable geologic conditions; prevailing prices for oil, natural gas and other natural resources; and general regional economic conditions.

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