$2.4 Million Service Contract for Oil & Gas Exploration Phase One Completed by Terra Insight Services

NEW YORK, NY, Apr 07 (MARKET WIRE) --
Terra Energy & Resource Technologies, Inc. (OTCBB: TEGR), a natural
resource exploration services technology company, announces that it has
completed the first phase of a $2.4 million service contract with
NURMUNAI PETROGAZ, LLC., a Republic of Kazakhstan firm. According to the
service contract signed in October of 2008, the Company was to apply its
proprietary STeP(R) and Adsorbed Gas-geochemical Survey (AGS)
technologies in prospecting for oil and gas on two license territories
totaling over 14,000 square kilometers. The Company has already received
$1.5 million out of $2.0 million service fees for the first phase of the
contract.

"Our Company was successful in application of its early exploration
methodology in connection with this project. During the first phase, our
proprietary satellite-based STeP(R) technology, applied over the whole
area, delineated potential oil and gas anomalies. The license blocks of
NURMUNAI PETROGAZ are so large that we believe any other exploration
method, applied to these understudied territories, would have been
significantly less accurate, efficient, and cost effective," said Dr.
Alexandre Agaian, President of Terra Energy & Resource Technologies, Inc.

The contract is being carried out in the stages of two separate
technological deployments. The Company's proprietary remote sensing
STeP(R) analysis paves the way to the application of Adsorbed
Gas-geochemical Survey (AGS). AGS is a unique and innovative geochemical
technology, used by the Company to confirm potential oil and gas
anomalies, derived by STeP(R). Terra Insight Services, Inc., the services
division of the Terra Energy & Resource Technologies group of companies,
performed STeP(R) and will carry out the AGS analysis for the client.

The Company has submitted the report with the STeP(R) findings to NURMUNAI
PETROGAZ, LLC. The document and related cartographic materials were fully
accepted by the client. Terra Insight Services will commence with the AGS
geochemical studies as soon as the local weather conditions permit to
obtain the samples.

"Importance of Kazakhstan as an oil & gas country cannot be
underestimated; especially considering that our Company gets to perform
its remote sensing studies in accordance with the work program, required
by the government of the state," said Dmitry Vilbaum, Chief Executive
Officer of Terra Energy & Resource Technologies, Inc. "We stay committed
to innovative exploration technologies, and we are excited that they keep
propagating through the industry, despite the world economic downturn."

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 or its plans to
acquire additional exploration properties, 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.

Media Inquiries:
Terra Energy & Resource Technologies, Inc.
Phone: (212) 286-9197

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