- CEO
- Michael Anobile
- Full Time Employees
- 1
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
- Address
- 244 Fifth Avenue New York City NY United States of America 10001
- IPO Date
- Jun 4, 2008
- Business
- Terra Energy Resources, Ltd. engages primarily in the production and sale of oil-based polymer materials through polymer-based recycling and reformation activities. Its core products include various types of recycled oil-based polymers supplied to manufacturers serving the food, maritime, automotive, and construction industries. The company also focuses on the acquisition of mineral rights and operates mining leases, with a history of coal lease subleases in Kentucky. Founded in 2001 and headquartered in New York, New York, Terra Energy Resources, Ltd. operates as a subsidiary of Berkshire Enterprises, Inc. In recent years, the company has pursued acquisitions such as leasing past-producing uranium claims in Utah, reflecting a strategic expansion into uranium and mineral resources. It has also engaged in negotiations with energy technology companies and participated in feasibility studies for novel solar power technologies in collaboration with international funding agencies. Recent major changes include its ongoing mineral rights acquisition strategy, uranium claim acquisitions in the U.S., and participation in innovative energy exploration technologies, positioning it increasingly in diversified energy sectors comprising polymer recycling, coal, uranium, and renewable energy exploration. Terra Energy Resources, Ltd. was formerly known as Terra Media, Ltd., a name change effected in 2008 to reflect its redefined energy resource focus. The company serves multiple energy and industrial markets across the United States with a growing emphasis on mineral resource acquisitions and advanced energy technology deployments.