WEALTH UNIVERSITY

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Frontier Energy Cancels Letter of Intent to Acquire Archer Texas Property
Wednesday June 25, 12:48 pm ET

NORTH LAS VEGAS, NV--(MARKET WIRE)--Jun 25, 2008 -- Frontier Energy Corporation ("Frontier" or the "Company") (Other OTC:FRGY.PK - News), after consultations with the Frontier Board of Directors and consultants, has decided to cancel the letter of intent to purchase the two leases in Archer County, Texas and the partnership with American Petroleum that was previously announced.

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Frontier CEO Bob Genesi comments, "It is unfortunate that this purchase did not materialize. We want what is best for our shareholders and the Company. After discussions with our professional advisors, our Board determined that this proposed transaction was not in the Company's best long-term interests. The Company continues to have discussions with other parties to implement its business plan, which we will report on at the appropriate time."