Director Purchases Shares

FRONTERA RESOURCES CORPORATION

 Houston, Texas, U.S.A. – 15 February 2012

 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 February 14, 2012, by Stephen E. McGregor, Executive Director and Chief Financial Officer of the Company  of the purchase of 600,000 ordinary shares in the Company (“Ordinary Shares”).  Following the share purchases, Mr. McGregor holds a total of 13,044,292 Ordinary Shares, representing  0.61 percent of the Company’s issued share capital.  The share purchases occurred at the available market price as set forth below.

 
Director

 
Date
 
Purchase Price 

No. of Shares

 Stephen E. McGregor, Executive Director and  Chief Financial Officer

February 14, 2012

1.08 pence

1.07 pence

1.05 pence

52,000

450,000

98,000

 

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