Jan 04, 2008 North Sea Exploration well 12/17b-1International Frontier Resources Corporation ("IFR" TSX-V) reported today that the Ridgewood 12/17b-1 well is being plugged and abandoned as a dry hole. Britcana Energy Ltd., a wholly owned UK subsidiary of IFR, paid 15% of the well costs and was carried for 10%. Britcana retains a 25% interest in block 12/17b production license P1301. The Company also announced today that a two-well drilling program in the Central Mackenzie Valley, NWT is scheduled to commence in February, 2008. For additional information on the Company visit www.internationalfrontier.com or contact; Pat Boswell President 403 215-2781 - or - Mark Powell VP Exploration 403 215-2783 The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. | |
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