Director Purchases Shares

For immediate release 7 November 2011

FRONTERA RESOURCES CORPORATION

Houston, Texas, U.S.A. - 7 November 2011

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 November 4 2011, by Steve C. Nicandros, Chairman and Chief Executive Officer of the Company, of the purchase of 446,000 ordinary shares in the Company ("Ordinary Shares") at a price of 1.4 pence per share. Following the share purchase, Mr Nicandros holds a total of 157,113,473 Ordinary Shares.

Enquiries:

Frontera Resources Corporation

Liz Williamson

Vice President, Investor Relations and Corporate Communications

Office: (713) 585-3216

Email: lwilliamson@fronteraresources.com

Nominated Adviser:

Strand Hanson Limited

James Harris / Andrew Emmott / Paul Cocker / Liam Buswell

+44 (0)20 7409 3494

Brokers:

Old Park Lane Capital Plc

Michael Parnes / Luca Tenuta

+44 (0)20 7493 8188

Cornhill Capital Limited

Nick Bealer/Stefan Olivier

+44 (0) 207 710 9610

Financial PR:

Buchanan

Tim Thompson / Ben Romney

+44 (0)20 7466 5000

timt@buchanan.uk.com