Frontera Resources Announces Award of Seismic Contract for 2005 Geophysical Program in Georgia

HOUSTON (USA, Texas) July 4 (PROTEXT/PRNewswire) - FronteraResources Corporation (London Stock Exchange, AIM Market -Symbol: FRR), an independent oil & gas exploration companyoperating in the country of Georgia, today announced the award ofa contract to Global Geophysical Services, Inc. of Houston,Texas. Under the terms of the approximate $4 million contract,Global will acquire in 2005 more than 500 km of 2D seismic acrossseveral of Frontera's business units within its onshoreexploration and production operations in Georgia.

Steve C. Nicandros, Frontera's Chairman and Chief ExecutiveOfficer, commented:"We are very pleased to be working with GlobalGeophysical. The scheduled 2005 seismic acquisition programacross our Taribani Field Unit, Basin Edge Play Unit and MirzaaniField Area Exploration Unit will serve as the basis for ourplanned drilling programs in each of these areas next year.These drilling programs will enable us to access the significantexploration and undeveloped field potential associated with theseareas that has been identified from our extensive historicaltechnical analysis."

As a result of awarding this important contract, Fronteraremains on schedule for operations this year and within itsprojected 2005 work program and budget.About Frontera

Frontera Resources Corporation is an independent Houston,Texas, U.S.A.- based international oil and gas exploration andproduction company whose strategy is to identify and operateopportunities in emerging markets around the world.

Frontera was admitted to the Alternative Investment Market,operated by the London Stock Exchange, on 14 March 2005.

Frontera has operated in Georgia since 1997 where it holds a100 per cent working interest in a production sharing agreementwith the government of Georgia. This gives Frontera the exclusiveright to explore for, develop and produce oil and gas from a5,060 square kilometer area in eastern Georgia known as Block 12.For more information, please see http://www.fronteraresources.com.

For more information regarding Global Geophysical Services,Inc., please see http://www.globalgeophysical.com

This release contains certain forward-looking statements,including, without limitation, expectations, beliefs, plans andobjectives regarding the potential transactions and venturesdiscussed in this release, as well as reserves and futureproduction. Among the important factors that could causeactual results to differ materially from those indicated by suchforward-looking statements are future exploration and developmentresults, availability of needed equipment and personnel,fluctuations in oil and gas prices, general economic conditionsand the political situation in Georgia and neighboring countries.There is no assurance that Frontera's expectations will berealized, and actual results may differ materially from thoseexpressed in the forward-looking statements.Source: Frontera Resources CorporationMartin Jackson, Citigate Dewe Rogerson, +44-20-7638-9571

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