New Frontier Energy Encouraged by Latest Slater Dome Wells

New Frontier Energy reported that production casing has been set in the Robidoux 13-6 and the Wyoming State 34-13-89 1R wells, which are the third and fourth wells of the 2007 summer drilling program at the Slater Dome Field.

The preliminary results from the Robidoux 13-6 and Wyoming State 34-13-89 1R wells are very encouraging, and we have commenced drilling the fifth well of the 2007 drilling program," said Paul Laird, president of New Frontier Energy, Inc. "The latest two wells were a strategic part of the 2007 development plan in that the Wyoming state well is approximately five miles from our existing Slater Dome CBM production. We have long believed that the Basal Isle and Williams Fork coal seams that New Frontier Energy has been producing since 2005, which currently accounts for our 12 Bcf of proven reserves, are contiguous across most of the 34,400 net acres held at Slater Dome. When the Wyoming State 34-13-89 1R well is producing gas into the pipeline, we will be one step closer toward establishing a much larger development area."