International Frontier Resources Corporation
TSX VENTURE : IFR

International Frontier Resources Corporation

June 22, 2009 09:00 ET

International Frontier Resources Corporation: Bowmore Appraisal Well Drilling in UK North Sea

CALGARY, ALBERTA--(Marketwire - June 22, 2009) - International Frontier Resources Corporation (TSX VENTURE:IFR) announces that operator Nippon Oil Exploration and Production U.K. Limited commenced drilling operations on the 15/24a-J Bowmore - Alpha appraisal well located in the UK Central North Sea with the Ocean Guardian semi-submersible rig on 21 June 2009. IFR's wholly owned U.K. subsidiary, Britcana Energy Ltd. holds a ten per cent interest in License P1465 covering blocks 15/24a, 15/23c, 15/28a and 15/29e. Britcana is currently negotiating a joint venture financing agreement with a large U.K. based company that if concluded will result in Britcana holding a five per cent interest in License P 1465.

The 15/24a-J well is located between the 15/24a-4 discovery well and the recently appraised Bugle accumulation to the west on contiguous block 15/23d. The well is targeting Upper Jurassic sandstones which flowed hydrocarbons at the 15/24a-4 discovery well and at the Bugle accumulation. The original 15/24a-4 discovery well, drilled in 1990, flowed 11 million standard cubic feet of gas per day and 3,024 barrels of condensate per day. Operations to total depth, including coring and logging, are estimated to take approximately 45 to 60 days.

International Frontier is a junior oil and gas exploration company exploring in the Northwest Territories, Canada and in the U.K. sector of the North Sea. For additional information please visit www.internationalfrontier.com.

The Company seeks safe harbor.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • International Frontier Resources Corporation
    Pat Boswell
    President
    (403) 215-2781
    or
    International Frontier Resources Corporation
    Mark Powell
    Vice President Exploration
    (403) 215-2783
    (403) 215-2788 (FAX)
    Website: www.internationalfrontier.com