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File: News Release - April 15, 2016.doc

      

ANTERRA ENERGY ANNOUNCES DEMAND BY LENDER TO REPAY OUTSTANDING INDEBTEDNESS

For immediate release                       April 15, 2016

CALGARY, ALBERTA - April 15, 2016 - Anterra Energy Inc. ("Anterra" or the "Company") (TSX-V: AE.A) announces that its 
--->lender Canadian Western Bank ("CWB") has made demand upon upon the Company as debtor, for payment in full of Anterra's
---> outstanding indebtedness in the aggregate amount of approximately $10.2 million by Thursday April 21, 2016. In additi
--->on CWB has provided Anterra with a Notice of Intention to Enforce Security pursuant to subsection 244(1), of the Bankr
--->uptcy and Insolvency Act. 

Anterra is pursuing alternative financing, including a private placement equity issue, however, there is no assurance 
--->that the Company will be successful in securing such financing or if such a finacing can be secured prior to April 21,
---> 2016.

In order to secure the safety of its operations , Anterra has undertaken a process of shutting-in its operated/license
--->d wells and facilities, with the exception of its midstream facilities at Breton.  

For further information, please contact:
Dr. Gang Fang       Norm Knecht CA    
Chairman and Chief Executive Officer   Vice President Finance and CFO   
Telephone: (403) 215-2383    Telephone: (403) 215-3286 
Facsimile:   (403) 261-6601    Facsimile:   (403) 261-6601
E-mail:  fangg@anterraenergy.com    E-mail:  norm.knecht@anterraenergy.com 

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