News

Jan 15, 2001 - 13:44 ET Antrim Energy Inc. Announces it Intends to Complete Private Placement

CALGARY, ALBERTA--ANTRIM ENERGY INC. (CDNX: AEN) Antrim announced 
today that it intends to complete a private placement of an 
aggregate of 222,222 Common Shares at a price of $0.90 per Common 
Share to Mr. Keith Skipper, Executive Vice-President of Antrim, 
subject to the receipt of all applicable regulatory approvals.  
The subscription price of approximately $200,000 will be paid by 
way of a secured demand loan made by Antrim to Mr. Skipper. 

Subsequent to the completion of the private placement, Mr. Skipper
will own, directly or indirectly, 246,683 Common Shares, or 1.6% 
of the outstanding Common Shares. 

The private placement is subject to regulatory approval and is 
anticipated to close within the next two weeks.

FOR FURTHER INFORMATION PLEASE CONTACT:

Antrim Energy Inc.
Stephen Greer
(403) 264-5111
E-mail: greers@antrimenergy.com

or

Antrim Energy Inc.
Keith Scrimger
(403) 264-5111
(403) 264-5113 (FAX)
E-mail: scrimger@antrimenergy.com
Website: www.antrimenergy.com
The Canadian Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.