News

Jan 9, 2006 - 14:26 ET Antrim Energy Inc. Argentina Operations Update: Third Successful Well Drilled

CALGARY, ALBERTA AND LONDON, UNITED KINGDOM--(CCNMatthews - Jan. 9, 2006) - Antrim Energy Inc. (TSX:AEN) (AIM:AEY) ("Antrim") has drilled and cased Las Violetas 104, the third well in Antrim's multiwell drilling program in Tierra del Fuego, Argentina.

Based on logging results, the well encountered at least a five-metre net pay interval in the target zone, the Cretaceous Springhill Formation. It is expected that LV-104 will be flow tested and completed as a production well before the end of January 2006.

The drilling rig used to drill LV-104 is moving to the fourth location in the program at Los Patos 1003. Drilling operations at LP-1003 are expected to commence within the next week.

Antrim Energy has a 25.78% working interest in three producing exploitation concessions in Tierra del Fuego, located on the southern tip of Argentina in a special income tax free/duty free trading zone.

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

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 

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