Frontier Resources International plc

February 01, 2011 04:26 ET

Award of Licence in Zambia

                                                                                                1 February 2011
                                     Frontier Resources International Plc
                                ("Frontier" or the "Company")

                                          Award of Licence in Zambia
Frontier Resources International, Plc, the PLUS quoted (FRGP) exploration and production Company is pleased  to
announce that it has been awarded  Petroleum Exploration Block 34 by the Zambian Ministry of Mines and Minerals
Development.  The  Block,  covering 6400 square kilometers, is located in the Kafue  Trough  approximately  150
kilometers southwest of the capital Lusaka. This area has had no previous hydrocarbon exploration and may  form
a part of the southwestern extension of the productive East African rift system.

The  Company  plans  to immediately proceed with the completion of the licence application process  which  will
include the opening of a local office in Lusaka.

This is Frontier's first exploration acreage in the southern African region where it plans to pursue additional
opportunities. The Company's existing oil and gas producing properties are onshore Texas.

The Directors look forward to updating shareholders on progress.

The Directors of Frontier are responsible for the contents of this announcement.

Frontier Resources International Plc
Mr Jack Keyes
Telephone: U.S.+1 (713) 962-0887
           U.K.+44 (0) 7958 171 666

Corporate Advisers
St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: +44 20 7368 6959

Contact Information

  • Frontier Resources International plc