An anonymous director of Frontera reports

WEI-1 REACHES TOTAL DEPTH

Frontera Energy Corp.'s joint venture with CGX Energy Inc. has successfully reached total depth (TD) of 20,450 feet on the Wei-1BP1 (Wei-1 bypass exploration and appraisal well or the well). The original Wei-1 wellbore reached a depth of 19,142 feet. A bypass well (Wei-1BP1) was drilled from 18,757 feet to total depth (TD) and penetrated the primary Santonian targets of the well in the western complex in the northern portion of the Corentyne block.

Prior to the bypass, the well encountered an aggregate of approximately 71 feet of net oil pay in the secondary target reservoirs in the Maastrichtian and Campanian.

Following the bypass, data collected from LWD (logging while drilling) and cuttings indicate multiple hydrocarbon shows in the primary target reservoirs in the Santonian interval. Results from the well are encouraging: Data acquisition is continuing via wireline logging, MDTs and side wall core sampling. An update on well results will be provided when the acquisition and evaluation have been finalized.

Results from the well are consistent with predrill expectations. The well has confirmed the company's geologic and geophysical assessment of the block.

As operations continue, the joint venture has revised its total Wei-1BP1 cost estimates to approximately $190-million to $195-million to complete the logging runs, finish well operations and release the rig. The additional costs are primarily due to the lost sampling tool and the drilling of the bypass well.

The well was drilled by the joint venture. CGX holds a 32.00-per-cent participating interest with Frontera holding the remaining 68.00-per-cent participating interest in the Corentyne block, offshore Guyana.

About Frontera Energy Corp.

Frontera is a Canadian public company involved in the exploration, development, production, transportation, storage and sale of oil and natural gas in South America, including related investments in both upstream and mid-stream facilities. The company has a diversified portfolio of assets with interests in 31 exploration and production blocks in Colombia, Ecuador and Guyana, and pipeline and port facilities in Colombia. Frontera is committed to conducting business safely and in a socially, environmentally and ethically responsible manner.

We seek Safe Harbor.