Antrim Energy Inc. ATGYF

Antrim Obtains 100% in FEL 1/13 "Republic of Ireland "

[GoodOutlook2015]

V .AEN, AEY | "11 days ago" CALGARY, ALBERTA--(Marketwired - June 13, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. Antrim Energy Inc. ("Antrim" or "the Company") (TSX VENTURE:AEN)(AIM:AEY), an international oil and gas exploration company, today announces that its subsidiary Antrim Exploration (Ireland) Limited has received formal approval from the Department of Communications, Energy and Natural Resources ("DCENR") of its application for a 100% working interest in Frontier Exploration Licence ("FEL") 1/13. The Company has identified two highly prospective Jurassic fault blocks and one Cretaceous submarine fan system in the FEL 1/13 Licence, as well as numerous other leads. FEL 1/13 has a 15 year term, with an initial three-year term followed by three four-year terms. The initial three-year term expires in early July 2016 and Antrim has submitted a request to extend the first exploration term by an additional two years and this request requires the approval of the Irish authorities. The Company is also currently seeking a new farm-in partner and operator to complete any additional technical work necessary during the period of any extension granted by the Irish authorities with the ultimate goal that a well commitment could be made at the end of the revised first exploration phase. About Antrim Antrim Energy Inc. is a Canadian, Calgary based junior oil and gas exploration company with assets in the UK North Sea and Ireland. Antrim is listed on the TSX Venture Exchange (AEN) and on the London AIM market (AEY). Visit www.antrimenergy.com for more information. "Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." Read more at https://www.stockhouse.com/news/press-releases/2016/06/13/antrim-obtains-100-working-interest-in-fel-1-13-republic-of-ireland#Z3kgYrAR6K45cAZ0.99