News

Jan 18, 2005 - 08:56 ET Antrim Corporate Update

CALGARY, ALBERTA and LONDON, UNITED KINGDOM--(CCNMatthews - Jan. 18, 2005) - Antrim Energy Inc. (TSX:AEN) (AIM:AEY) ("Antrim") announced today that it has exercised a right to acquire an additional 18.19% working interest in UK North Sea Licence P.201 (Block 211/22a, "Osprey Ridge"). The acquisition will increase Antrim's interest in the Block from 57.6% to 75.79%. Closing of the purchase is expected to occur prior to the end of January 2005.

Antrim also announces that Mr. Murray Sinclair has resigned from the Board of Directors. Antrim would like to thank Mr. Sinclair for his many contributions since joining the Board in October 2002. Mr. Sinclair's insight and valuable input will be missed.

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)
Email: greer@antrimenergy.com

or

Antrim Energy Inc.
Keith Skipper
Executive Vice-President
(403) 264-5111
(403) 264-5113 (FAX)
Email: skipper@antrimenergy.com
Website: www.antrimenergy.com
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.