6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2008

Commission File Number: 1-33965

QUATERRA RESOURCES INC.
(Translation of registrant's name into English)

1100-1199 West Hastings Street
Vancouver, BC V6E 3T5 Canada
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

[] Form 20-F   [ x ] Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): []

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): []

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes [] No [ x ]

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _________

SUBMITTED HEREWITH

Exhibits

99.1 Press Release dated June 19, 2008

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	QUATERRA RESOURCES INC.
	(Registrant)
Date: June 19, 2008	By:	/s/ Scott B. Hean
		Scott B. Hean
	Title:	Chief Financial Officer

EX-99.1

1100 - 1199 W. Hastings St.
Vancouver, B.C. V6E 3T5
Tel: 604-681-9059
Fax: 604-688-4670
www.quaterraresources.com

June 19, 2008

AMEX: QMM
TSX-V: QTA
NR-12-08

CORPORATE UPDATE

VANCOUVER, B.C. – Quaterra Resources Inc. (the “Company”) – Following the Annual General Meeting of Shareholders held on June 18, 2008, the Company is pleased to announce that all resolutions presented to shareholders were passed with 108 shareholders present in person or by proxy representing 23,818,699 shares (27% of the issued capital).

The Directors and Officers of the Company for the ensuing year are:

Thomas Patton, President and CEO, Director
Eugene Spiering, Vice President Exploration, Director
Tracy Stevenson, Chairman, Director
Lawrence Page, Corporate Secretary, Director
Roy Wilkes, Director
Robert Gayton, Director
John Kerr, Director
Stacey Bligh, Assistant Secretary
Scott Hean, Chief Financial Officer
Charles Hawley, Vice President Exploration, Alaska

Pursuant to the Company’s stock option plan, option agreements were entered into with directors, officers, employees, and consultants granting the right to purchase an aggregate of 2,190,000 shares at an exercise price of $3.30 per share for a five year period subject to regulatory approval.

On behalf of the Board of Directors,

Thomas Patton,
President and CEO, Quaterra Resources Inc.

Expanded information on the Company’s projects is described on our website at www.quaterraresources.com or contact Nicole Rizgalla at 604-641-2746 or email: nrizgalla@quaterra.com.

The TSX Venture Exchange and the American Stock Exchange have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.