Terra Nova Retains petroDIP To Market Its Petroleum Exploration Licenses

Toronto, ON (GLOBE NEWSWIRE) - Terra Nova Resources Inc. (“TNR” or “the Company”) (CSE: TENO) and its Joint Venture partners are pleased to announce that they have engaged petroDIP to promote Petroleum Exploration Licenses (PEL) 112 and 444. PetroDIP has established itself as a worldwide marketplace for oil and gas asset opportunities with broad exposure to a global network of potential investors. The Company continues to focus on securing an interested partner to further explore the licenses, and has chosen petroDIP to help facilitate these efforts.

About Terra Nova Resources Inc.
Terra Nova Resources Inc. is an oil and gas company that has a 51.49% working interest in two onshore petroleum exploration licenses ("PELs"), being PEL 112 and PEL 444, including a 1.47% gross overriding royalty interest on the PELs, located on the western flank of the Cooper Eromanga Basin in the State of South Australia, Australia.

This news release contains forward-looking information relating to TNR's intentions to conduct the drilling programs and other statements that are not historical facts. Such forward-looking information is subject to important risks and uncertainties that could cause actual results to differ materially from what is currently expected, for example: risks related to oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, competition from other producers, inability to retain drilling rigs and other services, reliance on key personnel, and insurance risks.. Findings by other oil and gas issuers does not necessarily indicate that TNR will be successful in making such findings in Australia. In making such forward- looking statements, TNR have relied upon certain assumptions relating to geological settings, commodity prices, the stability of markets and currencies and the availability of capital to TNR in order to continue with the seismic and drilling programs. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While TNR may elect to, TNR is under no obligation and does not undertake to update this information at any particular time, except as required by applicable securities law.

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