Interra Resources

Interra Resources: Counter is u p 7%. Grp inform shareholders that its wholly owned subsidiary, Goldwater TMT has achieved a milestone for both the Coy and TMT field (In Indo) following production testing. Following casing perforation in one of the prospective sandstone reservoirs, very high flow rates have been observed during production testing over the last five days. The Co has been running tests on TMT-53 and it has been closely monitoring the performance of the well during this period. The new well achieved a controlled flow rate of 1,422 barrels of oil over the last twenty-four hours. The Co will be conducting futher tests with the aim of maintaining optimum production levels from the new well. The Co will continue to monitor the new well closely and further information will be announced when these become available.