MYANMAR DRILLING UPDATE:

Interra Resources Limited (the "

Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Yenangyaung field and also owns 60% of Goldpetrol which is the operator of the field. YNG 3259 is being drilled using Goldpetrol?s ZJ 450 rig, thus drilling costs are expected to be relatively low. Interra?s share of the cost of drilling will be funded from existing funds on hand.

YNG 3259 is drilled as an up-dip offset to YNG 3255 which was completed as an oil producer in July 2013. The primary objective is to accelerate production from the oil reservoirs that produce in this fault block.

Interra estimates that the results of the drilling and completion should be available in approximately six weeks. The Company will announce the results as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling.

By Order of the Board of Directors of

INTERRA RESOURCES LIMITED

Marcel Tjia

Chief Executive Officer Company" or " Interra" ) wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (" Goldpetrol" ), has commenced drilling infill development well YNG 3259 in the Yenangyaung oil field in Myanmar.

DRILLING COMMENCEMENT OF

YENANGYAUNG DEVELOPMENT WELL YNG 3259

 

MYANMAR DRILLING UPDATE:

CHAUK DEVELOPMENT WELL CHK 1171

COMPLETED AS AN OIL PRODUCER

 

Interra Resources Limited (the " Company" or " Interra" ) wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (" Goldpetrol" ), has completed drilling development well CHK 1171 in the Chauk oil field in Myanmar as an oil producer.

 

Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60% of Goldpetrol which is the operator of the field. Since the well was drilled using Goldpetrol?s ZJ 450 rig, costs were comparatively low. Interra?s share of the cost of drilling was funded from existing funds on hand.

CHK 1171 was drilled to a total depth of 3,200 feet as an infill development well to producing oil wells CHK 1166 and CHK 1170, with the primary objective of accelerating production from reservoirs that produce in this fault block.

Following four days of production testing, CHK 1171 has been completed through casing perforations over eleven reservoirs at 125 barrels of oil per day. CHK 1171 is the fourth well to be completed in this fault block in 2013. Several prospective shallower reservoirs will be tested later in this well or by a shallow offset well.

CHK 1171 marks the fourteenth well to be completed as an oil producer in Myanmar in 2013.

By Order of the Board of Directors of

INTERRA RESOURCES LIMITED

Marcel Tjia

Chief Executive Officer

INDONESIA DRILLING UPDATE:

DRILLING COMMENCEMENT OF DEVELOPMENT WELL TMT-56

http://infopub.sgx.com/FileOpen/Indonesia_Drilling_Commencement-TMT-56.ashx?App=Announcement& FileID=253617