Yaterra Ventures Corp is looking for acquisition opportunities. Yaterra is pleased to announce its strategic direction as an oil and gas exploration and exploitation corporation focused on acquisition and production in and around the State of Texas' Permian Basin and the Bend Arch-Fort Worth Basin. Yaterra's mission is to safely and efficiently generate commercially marketable quantities of oil and natural gas. Cedric Atkinson, Yaterra's Chief Executive Officer and Chairman of the Board said, "The market for oil hydrocarbons and petroleum in the United States has grown exponentially, creating an unprecedented demand for refined oil and gas. As well, the number of rigs in U.S. oil fields has more than quadrupled in the past three years to 1,272. We feel there couldn't be a better time or place than to enter this industry given our team's resources in line with our agenda for long-term growth and creation of immediate shareholder value."