Terra Energy Resources Ltd (TRRE)

Terra Energy Resources, Ltd. initially, was incorporated on April 7, 2004, as a New Jersey Corporation under the name, Ding Dong School, Ltd. On June 15, 2006, the Company reorganized the Company into Terra Media, Ltd., a pre-existing Delaware Corporation pursuant to a Plan of Share Exchange And Reorganization dated June 15, 2006. Terra Media, Ltd. was incorporated on February 28, 2001 and its name was changed to Terra Energy Resources, Ltd by amendment to the Certificate of InCorporation in 2008. Ding Dong remains as a wholly owned subsidiary of Terra. Terra Energy is a development stage Corporation. It is initially formed to produce and market educational courses on CD and DVD formatted disks. The new business of the Company is the acquisition of mineral rights. Its first such acquisition was the sublease of a small coal lease in Leslie County, Kentucky, on December 22, 2008. A preliminary permit application has been filed by its sub-lessor, Lost Creek Land & Mineral Company, a Kentucky Corporation. The Company intends to exploit this lease by having the property mined by a contract miner and Lost Creek has assumed the responsibility for hiring such a mining contractor. It expects the final permit to issue late in 2009 and mining to commence in the Spring of 2010. In the meantime the Company intends to lease other, presently unidentified, mining properties. The Company's end product is coal. The Company's main competitors are The Peabody Coal Company and Massey Energy.