International Frontier Resources Corporation announced that its board of directors has approved a new management structure, which takes effect immediately. President Steve Hanson has been appointed Chief Executive Officer (CEO) and Pat Boswell, previously CEO and Chairman of the board, has transitioned to Chairman Emeritus. In his new role, Mr. Boswell will continue to advise the company on its strategic plans and work towards their successful implementation.

Andy Fisher, formerly Manager Mexico, is the company's new Chief Operating Officer (COO). Andy Fisher, IFR's new COO, has over 25 years of successful and varied experience in the oil and gas industry. His background includes extensive experience in acquisition and divestitures, corporate finance, strategic and operational planning, due diligence, supervision of day-to-day activities, office management, leading teams, joint venture management, contracts and negotiations.

As founder and Executive VP of Arcan Resources Ltd, Mr. Fisher grew the company from zero barrels of oil equivalent (BOE) per day and no assets to approximately 4,000 BOE/day with a large future drilling inventory. Mr. Fisher was also VP of International Contracts and Negotiation for Pacalta Resources Ltd.