Replies to post #54 on Antrim Energy (fka ATGYF)

[Ed Monton]

I take it the Australia play was a bust? I hope you sold when it started to go down.

There's some news tonight on their Argentina wells.

Antrim Announces Successful Results from Operations in
Argentina

CALGARY, ALBERTA and LONDON, UNITED KINGDOM--(CCNMatthews - Oct. 28,
2004) - Antrim Energy Inc. ("Antrim") (TSX: AEN) (AIM: AEY) is pleased
to announce the results of recent and continuing workover operations
from the Puesto Guardian Oil Field (Antrim 40% working interest) in
Argentina. To-date Antrim has completed work on three wells suspended by
a former operator in the Dos Puntitas Pool. Workover operations, which
started in September 2004, have resulted in three successful
completions. Well DP-10 tested 250 bopd and is currently flowing to
surface at 60 bopd. With pumping equipment DP-10 is expected to produce
at a stabilized rate of approximately 100 bopd. Well DP-12 tested 170
bopd and is currently pumping at a stabilized rate of 135 bopd. Well
DP-15 has also been successfully completed and tested at 60 bopd. Well
DP-15 is currently being equipped to pump and is expected to be on long
term production in November 2004.

Workover operations are continuing in the field with another three wells
scheduled for recompletion before the end of the year. Recently
completed construction of additional processing facilities in Puesto
Guardian has allowed the Company to receive immediate benefit from the
incremental production (greater than 100 bopd net to Antrim) and sales
gained from the new production has already paid out the costs of the
operations to-date.

Oil production from the Puesto Guardian Field (1450 bopd) is currently
at its highest level since 1988. The field peaked production in 1983
producing 9500 bopd. Antrim intends to continue this successful
re-development program to maximize production from this area.

Certain statements contained in this press release may be considered as
"forward looking". Such "forward looking" statements are subject to
risks and uncertainties that could cause actual results to differ
materially from estimated or implied results.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:
Antrim Energy Inc.
Stephen Greer
Chairman & CEO
[phone]
[phone] (FAX)
Email: [e-mail]
or
Antrim Energy Inc.
Keith Skipper
Executive Vice-President
[phone]
[phone] (FAX)
Email: [e-mail]
Website: www.antrimenergy.com
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.