News

Apr 19, 2011 - 09:00 ET Antrim Commences Pre-Drilling Site Surveys in UK North Sea

CALGARY, ALBERTA and LONDON, UNITED KINGDOM--(Marketwire - April 19, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S.

Antrim Energy Inc. (TSX:AEN) (AIM:AEY) ("Antrim"), an international oil and gas exploration and production company, is pleased to announce the Company has contracted the survey vessel Kommander Jack and has commenced work to obtain site surveys in preparation for the 2011 UK North Sea drilling program.

Surveys will be obtained over the West Teal, Carra and Erne prospects, located in the Greater Fyne Area in Blocks 21/24b, 21/28b and 21/29d. The West Teal and Carra surveys are expected to confirm the surface drilling locations for two wells targeting the Jurassic Fulmar and Eocene Tay formations respectively, as previously disclosed on March 28, 2011. The West Teal prospect (Antrim 100%) is located in the northeast portion of the Greater Fyne Area approximately 3 km west of the Teal Field. The Carra prospect (Antrim 100 %) is located adjacent to and southeast of the Fyne Field. The Erne survey in Block 21/29d (Antrim 100%) has been added to the program to identify a surface location for a contingent well on that feature, an oil prospect in the Eocene Tay Formation located between the Fyne and NW Guillemot fields at a drilling depth of 6,500 ft.

Well project management and drilling services, including management of the site survey, are being provided to Antrim by AGR Petroleum Services. The site surveys should be completed in May in preparation for the exploration drilling program scheduled to start mid-year 2011. This exploration drilling program is in addition to the planned appraisal well to be drilled on the Fyne Field later this year, as announced on April 04, 2011.

About Antrim Energy Inc.

Antrim Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada.

Antrim's strategy is to pursue a strategy of balancing longer term and capital-intensive investments in the UK North Sea with shorter investment cycle on-shore exploration and production opportunities. Antrim also considers other global exploration opportunities as they arise.

Additional information concerning Antrim Energy is available at www.antrimenergy.com. Investor inquiries may be directed to info@antrimenergy.com or 1-403-264-5111.

Forward-Looking Statements

Some of the statements in this announcement may be forward-looking including statements regarding the timing of Antrim's drilling program in the Greater Fyne Area. Forward-looking statements include statements regarding the intent, belief and current expectations of Antrim Energy Inc. When used in this announcement, the words "anticipate", "expects", "estimates" and similar expressions, and the negatives thereof, whether used in connection with drilling activity, reserves of neighboring properties or otherwise, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcome to differ materially from those suggested by any such statements. 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, 2010 and dated March 28, 2011 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.

In accordance with AIM guidelines, Mr. Terry Lederhouse, P. Eng and Vice President - Commercial of Antrim is the qualified person that has reviewed the technical information contained in this news release. Mr. Lederhouse has over 35 years operating experience in the upstream oil and gas industry.


FOR FURTHER INFORMATION PLEASE CONTACT:

Antrim Energy Inc.
Stephen Greer
President & CEO
(403) 264-5111
(403) 264-5113
greer@antrimenergy.com

Antrim Energy Inc.
Terry Lederhouse
Vice President, Commercial
(403) 264-5111
(403) 264-5113
lederhouse@antrimenergy.com

Antrim Energy Inc.
Scott Berry
Manager, Investor Relations
(403) 264-5111
(403) 264-5113
berry@antrimenergy.com
www.antrimenergy.com

RBC Capital Markets
Martin Eales
Nominated Adviser on AIM
+44 (0) 20 7029 7881