09:52 AM EST - Terrace Energy Corp. : announced it has reached an agreement to acquire and develop significant new acreage in Zavalla and Dimmit Counties, which is on trend with recent, highly successful discovery wells in the emerging Buda Limestone formation in South Texas. The Company has entered into a Farm-in Agreement to acquire a 75% working interest in several leases that cover approximately 10,000 gross (6,700 net) mineral acres. Terrace Energy Corp.
shares T.TZR are trading up $0.05 at $2.35.
