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Terra Nova Energy Ltd. is focused on exploring for and developing low-cost, high-margin oil and gas opportunities in safe jurisdictions within the Pacific Rim to service the region's growing demand for energy. The company has an interest in two exploration blocks located on the western flank of the Cooper and Eromanga Basins in South Australia. Terra Nova recently identified 8 drill locations on their Wingman 3D seismic survey located on PEL 444 and is in the process of acquiring permits for an upcoming 2015 drill campaign.