Frontier Energy Corp. Completes Acquisition of Oil and Gas Leases in Black
Forest Prospect Area

Frontier Energy Corp. ("Frontier") (Other OTC-FRGY) today announced that
Frontier and its partners have completed the long process of acquiring
approximately 30,000 acres of Federal, State and privately owned oil and gas
leases in the Black Forest Prospect area. We believe that this prospect may have
the potential to contain substantial oil reserves and the capability of major
production rates. The heart of the prospect is an anticline with four way
closure, supported by surface and subsurface geologic studies, extensive log
evaluations and detailed sample analysis. The proposed drilling location, which
is located on the apex of the anticline, is 500 ft. high to a nearby off
structure well which exhibited more than 70 ft. of oil and gas shows and a
strong water drive in the target formation.

We are beginning negotiations with industry partners who have shown interest in
drilling the initial well on the prospect in return for a 50% working interest.
Frontier currently has a 25% working interest in the acreage and the prospect,
which we expect to be reduced to a 12.5% working interest when the prospect is
drilled.
Frontier's interest in Black Forest is significant, and other prospects are
being evaluated to expand the Company's opportunities in the oil and gas
industry.

About Frontier Energy Corp.

Frontier is a newly-recapitalized exploratory oil and gas business headquartered
in Las Vegas, Nevada. Frontier has one gas lease under contract and intends to
enter into drilling, completion and distribution agreements to exploit this
lease. Frontier also intends to enter into additional leases, as its funding
permits.
Except for the historical information presented, the above statements are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995 or regulations there under. These forward-looking
statements are subject to risks and uncertainties, and actual results may differ
materially. These risks include the economic health of the oil and gas industry,
competitive pricing pressures, completion of possible acquisitions, success at
integrating and operating any acquired operations and the availability of
necessary financing. These statements speak only as of above date, and Frontier
Energy Corp. disclaims any intent or obligation to update them.

Frontier Energy Corp.
Robert Genesi, President, 702-648-5849
butchgen@msn.com

Source: Business Wire (May 15, 2007 - 7:04 AM EDT)

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