International Frontier Resources Corporation
TSX VENTURE : IFR

International Frontier Resources Corporation

March 26, 2007 11:10 ET

International Frontier Resources Corporation: North Sea Well Spuds

CALGARY, ALBERTA--(CCNMatthews - March 26, 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 the first well of a three well 2007 UK North Sea drilling program commenced drilling on March 24th, 2007. The well, Laurel Valley 14/28a-D, will evaluate three prospective reservoir targets identified on a 250 square kilometer 3D seismic survey. The operator, Oilexco North Sea Ltd. (45%), is drilling the well using the Transocean Sedco 712 rig.

Britcana Energy Ltd., a wholly owned UK subsidiary of IFR, holds a 10.45% carried interest in the 14/28a-D well and a 10.45% working interest in Seaward Production Licenses P1089 and P1295 covering blocks 14/28a, 14/29b & 14/23b.

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
    (403) 215-2788 (FAX)
    Website: www.internationalfrontier.com