2010-11-05-2010-10-29-2010-10-29

Acquired Blocks 21/29d and 21/7b in the Central North Sea.

Antrim Energy Inc., Calgary, (Toronto: AEN; London Aim: AEY) has acquired two new blocks in the U.K. North Sea in the 26th Seaward Licensing Round.

Block 21/29d is in the company's core Greater Fyne area in the Central North Sea, and has been offered as a Promote license (100%). The block contains several exploration targets defined by 3-D seismic, including the Carra Eocene Tay prospect at 5,000 feet drilling depth and the Erne Eocene Tay prospect at 5,200 feet drilling depth. The block falls within the joint venture area recently created between Antrim and Premier Oil. Antrim's successful bid comprised the purchase and reprocessing of additional 3-D seismic data.

Block 21/7b is also located in the Central North Sea and has been offered as a Traditional license (Antrim 30%). The block contains the Typhoon Eocene Balder prospect at 5,600 feet on trend with the recent Scolty oil and condensate discovery. The licence was acquired jointly with Premier Oil (70%, operator) with a bid comprising a firm well.

Antrim president and chief executive Stephen Greer says, "The successful acquisition of Block 21/29d enhances Antrim's commanding position in the Greater Fyne Area, adding to the company's significant exploration portfolio in this core area. We anticipate exploration drilling in Greater Fyne to start in 2011. The acquisition of the Block 21/7b license, including the Typhoon prospect, is part of the company's strategy to expand its land holdings to similar play trends outside the Fyne area."