Alaska Oil & Gas Ltd (fka AKOL)

[excel]

Frontier Oil and Gas Ltd. Announces Corporate Website Strategy
By Staff

HOUSTON, Sep 24, 2004 (PRIMEZONE via COMTEX) --
Frontier Oil and Gas Ltd. "Frontier," (Pink Sheets: FOGL), or the "Company," today announced the launch of its corporate website. Frontier Oil and Gas Ltd.'s website can be accessed at the domain www.frontieroilandgas.com . The Company website will updated weekly with all news releases to be posted on the website. The Company website will also be utilized to convey the progress and direction of the company as it progresses. . About Frontier Oil and Gas Ltd.

Frontier Oil and Gas Ltd. intends to become a worldwide company specializing in the extraction and production of oil and gas in partnership with Fowler Oil & Gas, through both owned and leased properties within the Cook Inlet oil basin of Alaska.

Fowler Oil & Gas is looking to develop both oil and natural gas reserves located in the Cook Inlet oil basin in Alaska. Current Oil Reserve is an unproven reserve with an estimated 2 billion barrels. Current Gas Reserve is a fully documented reserve with an estimated 1.9 trillion cubic feet.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.

Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.

SOURCE: Frontier Oil & Gas Ltd.

Frontier Oil and Gas
Robert Needham
[phone]

[e-mail]


www.frontieroilandgas.com