International Frontier Resources Corporation (TSX-V:IFR) (OTCQB:IFRTF) is pleased to announce the appointment of a new independent director, R. Glenn Dawson to its board of directors. Mr Dawson brings 38 years of oil and gas exploration and management experience in the North American hydrocarbon basins to IFR’s Board.

With a strong geological, management and operating background and expertise in discovering and developing new opportunities, Mr. Dawson has founded several publicly traded oil and gas companies and has been responsible for exploration and production budgets in excess of CDN$200 million annually, which includes multiple horizontal drilling resource plays as well as conventional oil operations.

“We are pleased to welcome Glenn to the IFR Board of Directors,” stated IFR Chairman Tony Kinnon. “He brings a wealth of leadership and technical expertise to the current composition of the Board and we look forward to his guidance with respect to the company’s operations and interests.”

Mr. Dawson is currently the President and Chief Executive Officer of CUDA Energy, Inc., a private Canadian-based E&P company and is an independent board member and a Technical Director of Lilis Energy Inc. (NYSE:LLEX).

Highlights from his career include serving as the President of Bakken Hunter LLC, a division of Magnum Hunter Resources Corp., where he managed operations and development of assets in the U.S. and Canada, from 2011 to 2014. During his tenure, MHR significantly expanded its operations in the Bakken region.

Mr. Dawson has also served as the President of NuLoch Resources Inc. (2005-2011) and as the Vice President of Exploration at several energy companies including TriLoch Resources, Inc. (2001-2005), PanAtlas Energy Inc. (1998-2000), and Summit Resources where he held successive positions as a geologist and within exploration during his 13 year tenure.

Mr. Dawson holds a Bachelor of Science in Geology, from Weber State College, while he attended the Masters of Science program at the University of Calgary.

Evaluation Plan Extension

IFR joint venture Tonalli Energia, in partnership with Mexican petrochemical leader Grupo IDESA, has received approval from Mexico’s National Hydrocarbons Commission to extend its Tecolutla evaluation plan. Subject to final approval for the modification of the work program, Tonalli intends to perform an additional workover and drill a horizontal well as part of this extension. Before the July 6th, 2019 expiry of this second phase of the evaluation, Tonalli intends to submit a long term development plan to CNH for Tecolutla. Tonalli has posted an additional performance bond relative to the new work program in the amount of $1,534,000 US.

Through its joint venture, IFR was one of the first foreign companies to participate in Mexico’s historic reform of the oil and gas sector. The Tecolutla block was awarded to Tonalli as part of the first round and third call of Mexico’s oil and natural gas “mature fields” bid round, the first in almost 80 years.

The Oil & Gas Conference

IFR will participate in a panel discussion on upstream opportunities in Mexico during the 23rd annual EnerCom Conference. The conference is Aug. 19-23, 2018 in Denver, Colorado. Registration is open here.


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