Director Retirement

Houston, Texas, U.S.A. - 28 July 2011

FRONTERA RESOURCES CORPORATION

("Frontera" or the "Company")

FRONTERA RESOURCES ANNOUNCES DIRECTOR RETIREMENT

Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR; OTC Market, U.S.A. - Symbol: FRTE), an independent oil and gas exploration and production company, today announces the retirement of Mr. Spyros Karnessis from the Company's board of directors (the "Board"), following more than ten years of dedicated service, with immediate effect. Mr. Karnessis will however remain as an adviser to the Board. A successor non-executive director is planned to be named within the next three months.

Steve C. Nicandros, Chairman and Chief Executive Officer, commented:

"On behalf of the Board, I would like to sincerely thank Spyros for his instrumental role in helping to lead and build the Company over the years. His vision, insights and important investment have been invaluable in bringing Frontera to where it is today and positioning it for a bright and successful future."

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: 

Arbuthnot Securities Limited

Richard Johnson / Adam Lloyd

+44 (0)20 7012 2000

Old Park Lane Capital Plc

Michael Parnes / Luca Tenuta

+44 (0)20 7493 8188

Financial PR:

Buchanan

Tim Thompson / Ben Romney / Helen Chan

+44 (0)20 7466 5000

[email protected]

Notes to Editors:

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 Resources Corporation shares are traded on the London Stock Exchange, AIM Market - Symbol: FRR and via the Over-the-Counter Market, U.S.A. - OTC Symbol: FRTE. For more information, please visit www.fronteraresources.com.