09:51 AM EST - Terrace Energy Corp. : announced it has obtained the consent of the South Texas Syndicate to the transfer and registration of certain leasehold working interests between the Company and its partner. As previously disclosed, the purpose of the transfer is to create a uniformity of working interests collectively owned by Blackbrush Oil and Gas LP and Terrace in the leases comprising the existing project area so that upon registration of the transfers, Blackbrush owns approximately 73% of the working interest and Terrace owns approximately 27% of the working interest in the STS Olmos Project. Terrace Energy Corp.
shares V.TZR are trading unchanged at $1.98.
