SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-KSB/A

(AMENDMENT NO. 1) 

[x] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2002

**OR 
[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)

 **For the transition period from to**
**Commission file number 333-39826

ENTERRA ENERGY CORP.
(Name of Small Business Issuer in Its Charter)
**                                                            Alberta, Canada                                                              n/a

                                                   (State or Other Jurisdiction of                                             (I.R.S. Employer

                                                     Incorporation or Organization)                                              IdentificationNo.)
**                                                Suite 2600, 500 – 4th Avenue S.W.

                                                       Calgary, Alberta, Canada                                                  T2P 2V6

                                                (Address of Principal Executive Offices)                                      (Zip Code)
**Issuer's Telephone Number: 403/213-2502Securities registered under Section 12(b) of the Exchange Act:

None

Securities registered under Section 12(g) of the Exchange Act:

Common Stock, $0.001 Par Value

(Title of class)

Check whether the issuer: (1) filed all reports required to be filed bySection 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorterperiod that the registrant was required to file such reports) and (2) has been subject tosuch filing requirements for the past 90 days. Yes X No 

Check if no disclosure of delinquent filers in response to Item 405 ofRegulation S-B is contained in this form, and no disclosure will be contained, to the bestof registrant's knowledge, in definitive proxy or information statements incorporated byreference in Part III of this Form 10-KSB or any amendment to this Form 10-KSB. [x]

The issuer's revenues for the most recent fiscal year were Cdn. $25,746,000.

The aggregate market value of the voting and non-voting common equityheld by non-affiliates, based upon the average bid and asked prices of the Common Stock onMarch 25, 2003 was Cdn. $ 45,912,000. Shares of Common Stock held by each officer anddirector and by each person who owns 5% or more of the outstanding Common Stock have beenexcluded in that such persons may be deemed to be affiliates. This determination ofaffiliate status is not necessarily a conclusive determination for other purposes.

The number of shares outstanding of the issuer's Common Stock, as ofMarch 25, 2003 was 9,183,325.**Explanatory Note 

Enterra Energy Corp. has amended the exhibitindex and exhibits to provide for exhibits 31.1 and 31.2 regarding the certificationspursuant to section 302 of the Sarbanes-Oxley Act of 2002.
Item 13.Exhibits And Reports On Form 10-KSB

Exhibits
**Financial Statements**Audited Annual Financial Statements:**PageReports of Deloitte & Touche LLP and KPMG LLP    Independent Accountants
F-1 and F-2
Consolidated Balance Sheets
F-3
Consolidated Statement of    Income (Loss) and Retained Earnings
F-4**Consolidated    Statement of Cash Flows
F-5**Notes to    Consolidated Financial Statements
F-6 to F-18**(b) Exhibit List 

NumberExhibit

1.1
Form of Underwriting    Agreement.
2.1
Amalgamation Agreement    dated May 27, 1998 between Temba Resources Ltd. and PTR Resources Ltd. pursuant to which    the Registrant was amalgamated under the Business Corporations Act (Alberta) on June 30,    1998.
2.2
Letter Agreement dated    August 12, 1999 pursuant to which the Registrant acquired all of the issued and    outstanding shares of 759795 Alberta Ltd.
2.3
Notice of Intention to File    a Normal Course Issuer Bid.
3.1
Certificate of Amalgamation    and attached Articles of Amalgamation of the Registrant dated and filed June 30, 1998.
3.2
By-laws of the Registrant.
4.1
Form of Warrant Trust    Indenture between the Registrant and Montreal Trust Company of Canada providing for the    issuance of the Warrants.
4.2
Form of Warrant Agreement    between the Registrant and the Representatives providing for the issuance of the    Underwriters' Warrants.
10.1
Credit Facility Letter    Agreement between the Alberta Treasury Branches and the Registrant as Borrower dated April    19, 2000.
10.2
Promissory Notes dated June    5, 2000 granted by Westlinks to each of Glenn Russell, Patrick Williams Advisors, William    J. Gordica, F. Jack Wright, Lawrence W. Underwood and Sapphire Capital Inc.
10.3
Purchase and Sale Agreement    dated April 6, 2000 between Sabre Exploration Ltd. and the Registrant.
10.4
Purchase and Sale Agreement    dated October 1, 2000 between the Registrant and Compton Petroleum Corporation.
10.5
Consulting Agreement dated    October 13, 2000 between Westlinks Resources Ltd. and Wells Gray Resort & Resources    Ltd.
**                                                                                                -   1 -**
10.6
Arrangement Agreement among    Westlinks Resources Ltd. and 3779041Canada Ltd. and Big Horn Resources Ltd.
10.7
Information Circular and    Proxy Statement for the Plan of Arrangement between Big Horn Resources Ltd. and Westlinks    Resources Ltd.21.1Subsidiaries of the Registrant31.1****Certification of Chief Financial Officer pursuant to section 302 of the    Sarbanes-Oxley Act of 2002.31.2****Certification of Chief Financial    Officer pursuant to section 302 of the Sarbanes-Oxley Act of 2002.99.1Certification of Chief Executive Officer    pursuant to 18 U.S.C.ss.1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act    of 2002.99.2Certification of Chief Financial Officer    pursuant to 18 U.S.C.ss.1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act    of 2002.
(b) Reports on Form 8-K

On October 18, 2002 a Form 8-K was filed concerning the filing of aletter to shareholders.****
**-  2 -**
**SIGNATURES**
In accordance with Section 13 or 15(d) of the Exchange Act, theregistrant caused this report to be signed on its behalf by the undersigned, thereuntoduly authorized.

Enterra Energy Corp.

By: 
Luc Chartrand
Name: Luc Chartrand

Title: Chief Financial Officer 

April 10, 2003

In accordance with the Exchange Act, this report has been signed belowby the following persons on behalf of the Registrant and in the capacities and on thedates indicated.
**Signature**Title**DateWalter DawsonDirector
April 10, 2003Reg J. GreensladeDirector, President and Chief    Executive Officer
April 10, 2003H.S. (Scobey) HartleyDirector
April 10, 2003Doug PaulDirector
April 10, 2003Norman G. WallaceDirector
April 10, 2003Thomas J. Jacobsen Director, Chief Operating    Officer
April 10, 2003Luc ChartrandChief Financial Officer
April 10, 2003
**-  3 -****************************