International Frontier Resources Corporation
TSX VENTURE : IFR

International Frontier Resources Corporation

August 17, 2007 10:00 ET

International Frontier Resources Corporation: Lytham Well Abandoned

CALGARY, ALBERTA--(Marketwire - Aug. 17, 2007) -

THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.

International Frontier Resources Corporation (TSX VENTURE:IFR) today announced that it's wholly owned U.K. subsidiary Britcana Energy Ltd. has agreed with the operators' proposal to plug and abandoned the 41/10a-2Z after the well encountered sub-economic gas reserves. The Lytham prospect is located in block 41/10a, production license P1129, located in the southern sector of the United Kingdom Continental Shelf. Britcana participated for a 5% paying interest to retain a 6.25% interest in production license P1129.

Partners are Lundin Petroleum (operator), Challenger Minerals (North Sea) Limited and Palace Exploration Company (E&P) Limited with Gulf Shores UK Petroleum Ltd, Eternal Energy Limited and Monarch Energy Limited.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

Contact Information

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