03:41 PM EST - Terrace Energy Corp. : announced it has drilled its first well on the Big Wells Buda Project in Dimmit County, Texas, and provides the following operations updates on its other material projects. The Company is pleased to report that drilling operations have been successfully concluded on the initial Buda development well, the Price #1H with strong hydrocarbon flows throughout most of the drilling operation. Preparations are currently underway to complete the well and tie in permanent production facilities. Terrace Energy Corp.
shares T.TZR are trading down $0.05 at $1.90.
