News

Mar 15, 2005 - 16:32 ET Antrim Argentina Operations Update

CALGARY, ALBERTA and LONDON, UNITED KINGDOM--(CCNMatthews - March 15, 2005) - Antrim Energy Inc. (TSX: AEN) (AIM: AEY) is pleased to announce that a new round of workover operations commenced March 15th, on Antrim's Puesto Guardian property. These operations are a continuation of the successful workover program which originally started in September 2004 and was suspended due to inclement weather in December 2004. The 2004 workover and recompletion program successfully added more than 100 bopd to Antrim's Puesto Guardian production. Increased sales from the 2004 operations have already paid out the costs associated with the program. Workover operations on a further five wells are planned during the months March - May, 2005.

A large (300 km2) 3-D seismic survey is in progress on Antrim's recently acquired oil and gas properties in Tierra del Fuego, Southern Argentina. New production from the successful workovers and from the Tierra del Fuego properties brings Antrim's current corporate production to 1,100 boepd.(a)

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.

(a) The BOE conversion ratio of 6 Mcf:1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead".

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


FOR FURTHER INFORMATION PLEASE CONTACT:

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

or

Antrim Energy Inc.
Dwayne Warkentin
Chief Operating Officer
(403) 264-5111
(403) 264-5113 (FAX)
Email: warkentin@antrimenergy.com
Website: www.antrimenergy.com
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.