News

Jul 2, 2003 - 04:00 ET Antrim Energy Inc. Announces Application to List On Alternative Investment Market Of The London Stock Exchange

CALGARY, ALBERTA and LONDON, ENGLAND--Antrim Energy Inc. 
("Antrim") is pleased to announce the filing today of its 20 Day 
Announcement regarding its application for admission to trading 
on the Alternative Investment Market (AIM) of the London Stock 
Exchange.  

Canaccord Capital (Europe) Limited has been appointed Nominated 
Advisor and Broker to Antrim. Antrim is currently listed on the 
Toronto Stock Exchange (TSX: "AEN") and will continue its listing 
on the TSX after listing on AIM. 

Antrim is a global oil and gas exploration and production company 
based in Canada with properties and current exploration 
activities in Argentina, Australia, Tunisia and Tanzania. The 
Company has a strategic aim of exploring only for high impact oil 
and gas targets rarely found in the mature oil and gas areas of 
North America. Antrim has recently demonstrated a leadership 
position in several areas of operation, acquiring significant oil 
and gas rights in Australia and Tanzania ahead of the larger 
multinational oil and gas companies.  

In Tanzania, several international oil and gas companies have 
recently acquired concessions offsetting or close to Antrim's 
acreage. The Company has reprocessed its extensive seismic 
database and has identified several oil and gas trends on its 
concession. In Australia, the Company announced in May 2003 the 
completion of its seismic program and acquisition of 1,043 
kilometres of new seismic data in the North West Shelf of 
Australia. The program will define additional prospects and 
confirm the location of its exploration well "Galapagos 1". In 
May 2003, the Company also announced the farmin and expected 
completion of a 3D seismic program on the Company's Capricorn 
permit. This permit covers approximately 2 million acres and is 
situated in the Northwest Petroleum Basin, Argentina. In addition 
to its current high impact exploration projects, the Company is 
continually seeking and evaluating new opportunities that are 
undervalued in areas of proven hydrocarbon potential in countries 
with attractive fiscal terms.  

The Company currently has approximately 20 million shares in 
issue and will not be issuing additional shares as part of its 
initial listing on AIM. Stephen Greer, Chairman and CEO commented 
that "We are seeking a secondary listing on AIM to broaden the 
Company's shareholder base and enhance Antrim's ability to access 
European equity markets. We are a young, dynamic and unique 
global exploration Company whose strategy is well suited to the 
AIM market." 

Certain statements contained in this press release may be 
considered as "forward looking". Such "forward looking" 
statements are subject to risks and uncertainties that could 
cause actual results to differ materially from estimated or 
implied results. 

Updated information about Antrim can be accessed on its website: 
www.antrimenergy.com 

FOR FURTHER INFORMATION PLEASE CONTACT:

Antrim Energy Inc.
Stephen Greer
Chairman & CEO
(403) 264-5111
(403) 264-5113 (FAX)
E-mail: greer@antrimenergy.com

or

Antrim Energy Inc.
Janet Missal
Investor/Public Relations
(403) 264-5111
(403) 264-5113 (FAX)
Email: missal@antrimenergy.com