Antrim Energy announces Greater Fyne area resource estimates

Antrim Energy estimates the range of total risked prospective resources on it recently acquired blocks 21/24b, 21/24c, 21/28b, and 21/29c in the Greater Fyne area to be 29.7 MMbbl (low estimate), 54.9 MMbbl (best estimate), and 105.5 MMbbl (high estimate).

Offshore staff

CALGARY, Canada -- Antrim Energy estimates the range of total risked prospective resources on it recently acquired blocks 21/24b, 21/24c, 21/28b, and 21/29c in the Greater Fyne area to be 29.7 MMbbl (low estimate), 54.9 MMbbl (best estimate), and 105.5 MMbbl (high estimate). These blocks contain targets in the Eocene Tay and Jurassic Fulmar Sandstones, some of which have been drilled by previous operators, the company says.

These prospective resources have been risked for chance of discovery but not for of development, the company says.

09/21/2009

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