Listing on OTCQX Market

12 Feb 2008 07:01

Frontera Resources Corporation12 February 2008 FRONTERA RESOURCES CORPORATION Houston, Texas U.S.A. - February 12, 2008 LISTING ON OTCQX MARKET Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR;OTCQX - Symbol: FRTE), an independent oil and gas exploration and productioncompany, today announced that, in addition to its London Stock Exchange, AIMMarket listing, the Company's common stock has begun quotation on the OTCQXplatform of Pink Sheets LLC. Frontera's common stock is quoted on thePremierQX(SM) market tier under the symbol FRTE. Investors can find real-timequotes, disclosure and financial information about Frontera on the Company'swebsite at www.fronteraresources.com, as well as www.otcqx.com. This new quotation replaces Frontera's former Pink Sheets quotation thatcommenced from October 11, 2007 and is intended to provide Frontera withenhanced exposure, trading visibility and liquidity in the U.S. capital marketsvia the premium OTCQX trading, quotation and disclosure platform. The Company'sU.S. trading symbol will remain FRTE in connection with the new quotation. Roth Capital Partners, LLC acts as the Company's Designated Advisor forDisclosure (DAD) for the OTCQX. Frontera began trading publicly in March 2005 onthe London Stock Exchange's AIM Market, which remains the Company's primarysecurities market, under the symbol FRR. With respect to the AIM listing, MorganStanley acts as the Company's Nominated Advisor (NOMAD). Enquiries: Frontera Resources CorporationLiz WilliamsonVice President, Investor Relations and Corporate Communications(713) 585-3216lwilliamson@fronteraresources.com Brunswick Group LLPPatrick Handley / Mark Antelme+44 207 4045959 Notes to Editors: 1. Frontera Resources Corporation is an independent Houston, Texas, U.S.A.-basedinternational oil and gas exploration and production company whose strategy isto identify opportunities and operate in emerging markets around the world.Frontera has operated in Georgia since 1997 where it holds a 100 percent workinginterest in a production sharing agreement with the government of Georgia. Thisgives Frontera the exclusive right to explore for, develop and produce oil andgas from a 5,060 square kilometer area in eastern Georgia known as Block 12.For more information visit our website at www.fronteraresources.com. 2. OTCQX is a new premium listing service for issuers of securities that aretraded over-the-counter (OTC). The OTCQX trading, quotation and disclosureplatform, comprised of the PremierQX(SM) and PrimeQX(SM) tiers, is designed todistinguish public companies meeting certain enhanced disclosure and othercriteria from the nearly tens of thousands of securities traded OTC. Additionalinformation is available on www.otcqx.com. 3. Pink Sheets, LLC is an electronic inter-dealer quotation system, tradingtechnology and financial information provider for the over-the-counter (OTC)securities markets. Its centralized information network includes servicesdesigned to benefit market makers, issuers, brokers and OTC investors. PinkSheets information enhances the efficiency of OTC trading and provides betterexecutions for OTC investors. For more information visit the Pink Sheets websiteat www.pinksheets.com. 4. Roth Capital Partners, LLC is a full service investment bank servingcorporate and institutional clients throughout the world with corporateheadquarters in Newport Beach, California and offices in strategic locations inthe Western United States and Shanghai, China. Offering a wide array ofinvestment banking services including: initial public offerings, follow-ons,PIPEs, private placements, mergers and acquisitions, investment research, andinstitutional sales and trading, the firm is perhaps best known for finding,funding and fostering the growth of emerging companies. It is a member of theFinancial Industry Regulatory Authority (FINRA), and the Securities InvestorProtection Corporation (SIPC). Visit the Roth Capital Partners website atwww.roth.com. 5. Morgan Stanley (NYSE:MS) is a leading global financial services firmproviding a wide range of investment banking, securities, investment managementand wealth management services. The Firm's employees serve clients worldwideincluding corporations, governments, institutions and individuals from more than600 offices in 32 countries. For further information about Morgan Stanley,please visit www.morganstanley.com. This information is provided by RNS The company news service from the London Stock Exchange