Issue of Equity

Houston, Texas, U.S.A. - 25 February 2016

Frontera Resources Corporation

("Company")

Issue of Equity

Frontera Resources Corporation (AIM: FRR), an independent oil and gas exploration and production company, today announces that it has issued 100,000,000 new ordinary shares in the Company ("New Ordinary Shares") in settlement of approximately US$736,000 fees due to certain unrelated third parties for oil field services provided to the Company, including workover, drilling, logging and transportation services.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM, which is anticipated to occur on 1 March 2016 ("Admission"). The New Ordinary Shares will rank pari passu with existing shares of common stock of the Company.

Following Admission, the Company will have 3,611,348,030 ordinary shares in issue with voting rights. The Company does not hold any ordinary shares in treasury and accordingly there are no voting rights in respect of any treasury shares. The aforementioned figure of 3,611,348,030 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the disclosure requirements applicable to the Company.

Enquiries:

Frontera Resources Corporation:

Liz Williamson

Vice President, Investor Relations and Corporate Communications

+1 713 585 3216

[email protected]

Nominated Adviser:

Cairn Financial Advisers LLP

61 Cheapside, London EC2V 6AX

Avi Robinson / Jo Turner

+44 (0) 20 7148 7900

Broker:

Cornhill Capital Limited

Nick Bealer

+44 (0) 207 710 9610

Financial PR:

Buchanan

Helen Chan

+44 (0) 20 7466 5000

[email protected]