Fundamental Research Corp.

Sid Rajeev, B.Tech, MBA, CFA,
Vice-President and Head of Research

Phone: 604-682-7050

The opinions, estimates or recommendations of any analyst that covers Quaterra Resources Inc. regarding the company’s performance and prospects does not necessarily represent the view of Quaterra. Quaterra does not by its reference to such analyst opinion endorse, concur or approve any such opinions, estimates, conclusions or recommendations. This list may not be complete and may change as firms add or discontinue coverage.