News

Nov 21, 2007 - 10:55 ET Antrim Reports Start of Drilling on Kerloch East Prospect in UK North Sea

CALGARY, ALBERTA AND LONDON, UNITED KINGDOM--(Marketwire - Nov. 21, 2007) - 

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Antrim Energy Inc. (TSX:AEN) (AIM:AEY) ("Antrim"), an international oil and gas exploration and production company, today reported that drilling has commenced on the non-operated Kerloch exploration well 211/22a-10 (Antrim 21%) in the UK North Sea.

The 22a-10 well will target the Brent sequence of sandstones at a drilling depth of 11,300 ft approximately 2 km northeast of a previous discovery 211/22a-1 which tested 1,272 bopd from the Jurassic Tarbert Formation. The Kerloch prospect is located on a tilted fault block approximately 10 km northeast of the Cormorant North oil field and 10 km northwest of Antrim's Causeway discovery 211/23d-17z which tested 14,500 bopd from the Jurassic sandstones.

The Kerloch well is Antrim's fifth well to be drilled in the UK North Sea in 2007 and underscores Antrim's commitment to a very active exploration and appraisal program in the Company's core area.

About Antrim:

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

This news release contains certain forward-looking statements, which include assumptions with respect to future plans, results and capital expenditures. Cumulative volumes are not necessarily representative of future production volumes. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. All such forward looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond Antrim's control. Please refer to Antrim's Annual Information Form for the year ended December 31, 2006 and dated March 30, 2007 and available for viewing at www.sedar.com, for a list of risk factors. Antrim's actual results could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that Antrim will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Antrim or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release.

Qualified Person Review

In accordance with AIM guidelines, Mr. Terry Lederhouse, P. Eng and Commercial Manager of Antrim, is the qualified person that has reviewed the technical information contained in this news 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

Nominated Adviser on AIM:
Nabarro Wells & Co. Limited
Marc Cramsie/Robert Lo
+44 20 7710 7400