News

May 28, 2007 - 16:23 ET Antrim Starts Drilling Program on Causeway Property in UK North Sea

CALGARY, ALBERTA--(CCNMatthews - May 28, 2007) - 

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Antrim Energy Inc. (TSX:AEN) (AIM:AEY) ("Antrim") today announced it has commenced drilling on schedule at the first of three planned wells near its August 2006 East Causeway discovery (Antrim 65.5%) in the UK North Sea. The 2006 discovery tested a combined flow rate of 14,500 barrels of light oil per day with no water.

This first drilling operation is expected to take approximately 30 - 40 days. As previously reported on May 14th, this first well will be drilled approximately two miles southwest of the East Causeway Discovery to an estimated depth of 3,735 metres (12,250 ft). The drilling program will also assist in the evaluation of tie-in options for production to nearby facilities. Antrim has contracted AGR Peak Well Management of Aberdeen and the Transocean Prospect semi-submersible drilling rig for these wells.

About Antrim

Antrim Energy Inc. is an international oil and gas company headquartered in Calgary, Canada. Antrim's exploration and production operations are centered in the United Kingdom and Argentina. 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. The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 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. 

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

Nabarro Wells & Co. Limited
John Wilkes
Nominated Adviser on AIM
+44 20 7710 7400

or

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