Change of Broker

For immediate release 10 November 2011

FRONTERA RESOURCES CORPORATION

("Frontera" or the "Company")

Houston, Texas, U.S.A. - 10 November 2011

Change of Broker

The Company today announces the appointment of finnCap Limited ("finnCap") as a Joint Broker to the Company and the termination of its agreement with Arbuthnot Securities who will no longer act as joint broker to the Company.

Enquiries:

Frontera Resources Corporation

Liz Williamson

Vice President, Investor Relations and Corporate Communications

(713) 585-3216

[email protected]

Nominated Adviser:

Strand Hanson Limited

James Harris / Andrew Emmott / Paul Cocker / Liam Buswell

+44 (0)20 7409 3494

Brokers:

finnCap Limited

Sarah Wharry

+44 (0) 20 7220 0500

Old Park Lane Capital Plc

Michael Parnes / Luca Tenuta

+44 (0) 20 7493 8188

Cornhill Capital Limited

Nick Bealer/Stefan Olivier

+44 (0) 20 7710 9610

Financial PR:

Buchanan

Tim Thompson / Ben Romney

+44 (0)20 7466 5000

[email protected]

Notes to Editors:

About Frontera Resources Corporation

1. Frontera Resources Corporation is an independent Houston, Texas, U.S.A.-based international oil and gas exploration and production company whose strategy is to identify opportunities and operate in emerging markets around the world. Frontera currently operates in the country of Georgia where it holds a 100 percent working interest in a production sharing agreement with the government of Georgia. This gives Frontera the exclusive right to explore for, develop and produce oil and gas from a 5,060 square kilometer area in eastern Georgia known as Block 12. Frontera Resources Corporation shares are traded on the London Stock Exchange, AIM Market - Symbol: FRR. For more information, please visit www.fronteraresources.com .