Quaterra Resources Inc. ("Quaterra") (TSX VENTURE:QTA)(NYSE MKT:QMM) announces
that its board of directors has approved an advance notice policy (the "Policy")
for the purpose of providing shareholders, directors and management of Quaterra
with a clear framework for nominating directors. The Policy is designed to
further Quaterra's commitment to: (i) facilitating an orderly and efficient
annual general or, where the need arises, special meeting, process; (ii)
ensuring that all shareholders receive adequate notice of the director
nominations and sufficient information regarding all director nominees; and
(iii) allowing shareholders to register an informed vote after having been
afforded reasonable time for appropriate deliberation.


The Policy contains a provision requiring advance notice to Quaterra in certain
circumstances where shareholders of Quaterra nominate individuals for election
to the board of directors. The Policy establishes deadlines by which director
nominations must be submitted to Quaterra prior to any annual or special meeting
of shareholders and also outlines the information that must be included in the
notice to Quaterra for an effective nomination to occur. 


The deadline for notice to Quaterra in the case of an annual meeting of
shareholders is not less than 30 days nor more than 65 days prior to the date of
the annual meeting; provided, however, that in the event that the annual meeting
is to be held on a date that is less than 50 days after the date on which the
first public announcement of the date of the annual meeting was made, notice may
be made not later than the close of business on the 10th day following such
public announcement. 


In the case of a special meeting (which is not also an annual meeting) of
shareholders called for the purpose of electing directors (whether or not called
for other purposes), the deadline for notice to Quaterra is no later than the
close of business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made.


The Policy is effective as of March 27, 2013. The full text of the Policy is
available via SEDAR at www.sedar.com or upon request of Quaterra's Corporate
Secretary at (604) 684-9384.


Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) is a junior exploration
company focused on making significant mineral discoveries in North America. The
Company uses in-house expertise and its extensive network of consultants,
prospectors and industry contacts to identify, acquire and evaluate prospects in
mining-friendly jurisdictions with the potential to host large and/or high-grade
base and precious metal deposits. The Company is currently involved in the
consolidation and evaluation of its flagship property, the 100%-owned Yerington
copper district in Nevada. 


On behalf of the Board of Directors,

Dr. Thomas Patton, President and CEO, Quaterra Resources Inc.

Some statements contained in this news release are forward-looking statements
within the safe harbor of the Private Securities Litigation Reform Act of 1995.
These statements generally are identified by words such as the Company
"believes", "expects", and similar language, or convey estimates and statements
that describe the Company's future plans, objectives or goals. Since
forward-looking statements are based on assumptions and address future events
and conditions, by their very nature they involve inherent risks and
uncertainties. Further information regarding risks and uncertainties which may
cause results to differ materially from those projected in forward-looking
statements, are included in filings by the Company with securities regulatory
authorities. Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date thereof. The Company
does not undertake to update any forward-looking statement that may be made from
time to time except in accordance with applicable securities laws. References
may be made in this press release to historic mineral resource estimates. None
of these are NI 43-101 compliant and a qualified person has not done sufficient
work to classify these historic estimates as a current mineral resource. They
should not be relied upon and Quaterra does not treat them as current mineral
resources. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quaterra Resources Inc.
Thomas Patton
President and CEO
604-641-2758


Quaterra Resources Inc.
Lauren Stope
Manager Communications
604-641-2746
info@quaterra.com
www.quaterra.com

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