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March 25, 2003______________________________________

BARD SIGNS UK FARMOUT AGREEMENT

Bard Ventures Ltd. ("Bard") is pleased to report that it has signed a farm out agreement, which will allow Avery Resources Inc., an exploration company based in Calgary, Canada, to earn up to 50% interest in Bard's South Larne Licence, Northern Ireland, UK.

Bard, through its joint venture with Antrim Enery Inc.'s wholly owned UK subsidiary Antrim Resources (N.I.) Limited, currently holds a 25% working interest in the South Larne Licence. The onshore licence is in the second year of a 5 year exploration term. To date, under Antrim's operatorship, 100kms of seismic data has been acquired in the region and a slim hole stratigraphic test has been drilled that penetrated the Triassic Sandstone beneath an extensive cover of Tertiary Basalt.

The South Larne UK Licence lies on a Triassic Sandstone trend which contains the 7.0 Tcf Morecambe Bay Gas Field in the East Irish Sea and the 1.0 Tcf Corrib Gas Field off the west coast of Ireland. It is anticipated that Avery Resources will contribute approximately $250,000 to the planned geophysical work to be completed prior to additional exploration drilling on the licence.



On behalf of:
Bard Ventures Ltd.

"Eugene Beukman"

Eugene Beukman
President