New Frontier Energy, Inc. Sets Production Casing for Fifth Well in 2007 Summer Drill Program, 6th Well Underway

DENVER, CO--(Marketwire - July 30, 2007) - New Frontier Energy, Inc. (OTCBB: NFEI), a natural resource company engaged in the exploration, acquisition and development of oil and gas properties in the United States announced today that production casing has been set in the McKee 4-7, the fifth well completed in the 2007 summer drilling program at Slater Dome.

"The McKee 4-7 well is located approximately two miles northwest of the recently completed Wyoming State 34-13-89 1R well, potentially expanding the Slater Dome CBM development fairway further west along our gathering line that delivers gas to a regional hub in Baggs, Wyoming," said Paul Laird, President of New Frontier Energy, Inc. "The sixth new well is now underway continuing our momentum executing on the 2007 Slater Dome development plan."

"Gross production at the Slater Dome Field has averaged better than 800 Mcf of natural gas per day during July. The benefit of having reworked four existing wells in May 2007 together with the continued progress lowering pressure on the coal seam, is greater gas desorption that we are now experiencing across the CBM production area," continued Paul Laird. "We anticipate production levels will rise further in the coming quarters as new wells drilled during 2007 are connected to our pipeline."

About New Frontier Energy, Inc.

Based in Denver, CO, New Frontier Energy, Inc. is an independent natural resource company engaged in the exploration, acquisition and development of oil and gas properties in the United States. New Frontier Energy has interests in three principal properties, the Slater Dome Field, located in northwest Colorado and south central Wyoming; the Flattops Prospect located in southwest Wyoming; and the Focus Ranch Federal Unit, located in Routt County Colorado adjacent to and southeast of the Slater Dome Field.

New Frontier Energy is focusing on expanding CBM gas production at the Slater Dome Field, and exploring the adjacent Focus Ranch Unit and Flattops prospects. The Slater Dome Field is a coal bed methane development project located in the Sand Wash Basin or Atlantic Rim area near the Colorado and Wyoming border, and is a sub-basin of the Greater Green River Basin. The company owns a majority of the limited partnership interests in an 18-mile gas gathering line that delivers gas from the Slater Dome Field to a transportation hub. New Frontier Energy's common stock is listed on the over the counter bulletin board under the symbol "NFEI." Additional information about New Frontier Energy, Inc. can be found at the Company's website www.nfeinc.com.

Forward-looking Statements

The statements contained in this press release which are not historical fact are forward looking statements that involve certain risks and uncertainties including, but not limited to, decreases in prices for natural gas and crude oil, unexpected decreases in gas and oil production, the timeliness, costs and success of development activities, unanticipated delays and costs resulting from regulatory compliance, and other risk factors described from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. No assurances can be given that these statements will prove to be accurate. A number of risks and uncertainties could cause actual results to differ materially from these statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Contact Information: Investor contact: BC Capital Partners Bill Conboy (303) 415-2290 For further information contact: New Frontier Energy, Inc. Paul G. Laird President (303) 730-9994