Director Purchases Shares

FRONTERA RESOURCES CORPORATION

Houston, Texas, U.S.A. - 1 July 2014

DIRECTOR PURCHASES SHARES

Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, was notified on 30 June 2014 by Stephen E. McGregor, Chief Financial Officer and Executive Director, of the purchase of 1,000,000 ordinary shares in the Company ("Ordinary Shares"). Following this share purchase, Mr. McGregor holds a total of 16,544,292 Ordinary Shares, representing 0.64% percent of the Company's issued share capital. The share purchase occurred at the available market price as set forth below.

Enquiries:

Frontera Resources Corporation


Liz Williamson


Vice President, Investor Relations and Corporate Communications


(713) 585-3216

lwilliamson@fronteraresources.com

Nominated Adviser and Joint Broker:

finnCap Limited


Matt Goode/Chris Raggett


+44 (0) 20 7220 0500

Co-Broker:

Cornhill Capital Limited


Nick Bealer / Stefan Olivier


+44 (0)20 7710 9610

Financial PR:

Buchanan

Helen Chan

+44 (0)20 7466 5000

helenc@buchanan.uk.com