News

Aug 30, 2007 - 09:00 ET Antrim Adds Fourth Well to Causeway Drilling Program, UK North Sea

CALGARY, ALBERTA AND LONDON, UNITED KINGDOM--(Marketwire - Aug. 30, 2007) - 

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Antrim Energy Inc. (TSX:AEN) (AIM:AEY) ("Antrim"), an international oil and gas exploration and production company, today announced it has added a fourth well to its 2007 Causeway drilling program (Antrim 65.5% and Operator) in the UK North Sea.

The new well will target the Brent sandstones at a depth of 14,150 ft (4,313 m) in the northern portion of the Central Causeway fault block and will be located in the subsurface midway and down structural dip between the recently completed 211/22a-6, which tested 6,300 bopd, and Antrim's 2006 discovery well 211/23d-17z which tested 14,500 bopd.

The fourth location was originally scheduled to be drilled in 2008 as part of a larger development program that included the drilling of several wells designed for future pressure maintenance or water injection. The Company expects the fourth well to accelerate Antrim's development program for the Causeway Field.

As previously announced on August 20, 2007, the Company commenced drilling well 211/22a-8 to appraise the West Causeway fault compartment where oil was discovered in 1984 by well 211/22a-3, testing up to 5,500 barrels of oil per day from the Ness sandstones.

Drilling is ahead of schedule and under budget to complete the project. The fourth well in 2007 will commence drilling immediately following the completion of the current 22a-8 well.

About Antrim Energy Inc.

Antrim Energy Inc. is an international oil and gas exploration and production company headquartered in Calgary, Alberta, Canada. Antrim's objective is to create significant wealth for its shareholders through the discovery, production and sale of oil and gas. Antrim's production and exploration operations are centered in Argentina and its high impact oil and gas exploration is focused in the United Kingdom. Antrim is listed on the Toronto Stock Exchange (AEN) and on the London Stock Exchange's Alternative Investment Market (AEY). Visit www.antrimenergy.com for more information.

Forward-Looking Statements

Certain statements contained in this news 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. 

Qualified Person Review

In accordance with AIM guidelines, Mr. Kerry Fulton, P. Eng and Chief Operating Officer of Antrim, is the qualified person that has reviewed the technical information contained in this news release.


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.
Kerry Fulton
Chief Operating Officer
(403) 264-5111
(403) 264-5113 (FAX)
Email: fulton@antrimenergy.com
Website: www.antrimenergy.com

or

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