11 Oct 2013 15:10
Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector: Oil & Gas
11 October 2013
Northcote Energy Ltd ('Northcote' or 'the Company')
Completion of the South Weslaco Acquisition
Northcote is pleased to announce that, further to the announcement by the Company on 28 August 2013, the company has completed the acquisition of producing leases at the South Weslaco Field, Hidalgo County, Texas from Aminex PLC.
**ENDS**
For further information and the full Admission document visit www.northcoteenergy.com, see below or contact the following:
Randy Connally | Northcote Energy Ltd | +01 214 675 7579 |
Ross Warner | Northcote Energy Ltd | +44 7760 487 769 |
Dan Jorgensen | Northcote Energy Ltd | +44 (0) 20 7024 8391 |
Roland Cornish | Beaumont Cornish Ltd | +44 (0) 20 7628 3396 |
Jerry Keen | Shore Capital Stockbrokers Limited | +44 (0) 20 7408 4090 |
Bidhi Bhoma | Shore Capital Stockbrokers Limited | +44 (0) 20 7408 4090 |
Stefan Olivier | Cornhill Capital Limited | +44 (0) 20 7710 9618 |
Hugo de Salis | St Brides Media and Finance Ltd | +44 (0) 20 7236 1177 |
Elisabeth Cowell | St Brides Media and Finance Ltd | +44 (0) 20 7236 1177 |
Notes:
Northcote Energy Ltd is a revenue generative US onshore oil and gas production company focussed on the rapidly emerging Mississippi Lime formation in Oklahoma. The Company participates with leading operators, including Midstates Petroleum and Chesapeake Energy, in low risk development plays where advanced techniques, such as horizontal drilling and fracking, are used to unlock known oil accumulations and dramatically improve recovery rates. Management is focused on increasing production through a multi-well drilling and fracking campaign in 2013.