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Mexico Update

8 Apr 2015 07:00

NORTHCOTE ENERGY LIMITED - Mexico Update

NORTHCOTE ENERGY LIMITED - Mexico Update

PR Newswire

London, April 7

Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector: Oil & Gas 8 April 2015 Northcote Energy Ltd (`Northcote' or `the Company') Mexico update Northcote (AIM: NCT) is pleased to announce that Abraham Achar, the Company'sExecutive Vice President of Mexico, has been appointed as President of theLatin American Oil & Gas Association (LAOGA) for Dallas, Texas. LAOGA is anorganisation focussed on integrating and the sustainable development of theNorth and South American energy markets. In his role as President he will workto introduce US based companies to the opportunities opening in the MexicanEnergy Sector and Latin America generally. Notably Mr Achar, joined Northcote in March 2015 in line with the Company'sstrategy to pursue business development activities within Mexico's vast energysector which has recently been reopened to international operators. In thisvein, Northcote announced on 30 March 2015, that it had entered into anagreement with a Mexican company, Gaia Ecologica S.A. DE C.V ('GaiaEcologica'), that was established by two oil field and environmental servicescompanies to pursue opportunities in the Oil & Gas sector in Mexico. Pursuantto the joint venture, Northcote and Gaia Ecologica will work together to securecontracts and business opportunities ranging from oil field services,environmental remediation, waste water treatment to oil and gas developmentconcessions and production sharing agreements in Mexico. Northcote Executive Vice President of Mexico Abraham Achar said, "I amdelighted to accept this appointment as President of LAOGA Dallas and I amexcited about the work that LAOGA does to foster deeper relationships amongenergy companies in the America's. As demonstrated by our exposure to Mexicothrough our agreement with MX Oil plc and more recently Gaia Ecologica webelieve that Mexico holds significant opportunities to generate value for ourshareholders, and I believe that my work on behalf of LAOGA will compliment myefforts for Northcote in Mexico." * * ENDS * * For further information visit www.northcoteenergy.com or contact the following: Randy Connally Northcote Energy Ltd +1 214 550 5082 Ross Warner Northcote Energy Ltd +44 7760 487 769 Dan Jorgensen Northcote Energy Ltd +44 20 7024 8391 Roland Cornish Beaumont Cornish Ltd +44 20 7628 3396 James Biddle Beaumont Cornish Ltd +44 20 7628 3396 Jon Belliss Hume Capital Securities Plc +44 20 3693 1470 Abigail Wayne Hume Capital Securities Plc +44 20 3693 1470 Nick Bealer Cornhill Capital Limited +44 20 7710 9618 Hugo de Salis St Brides Partners Limited +44 20 7236 1177 Elisabeth Cowell St Brides Partners Limited +44 20 7236 1177 Notes: Northcote Energy Ltd is a producing oil & gas company with a portfolio of USexploration and production assets in Oklahoma and Louisiana. The Company hassubstantial acreage in the US where its primary focus is on conventional oiland gas opportunities in Louisiana and Oklahoma. Northcote plans to undertake anew drill work programme at Shoats Creek in order to grow Northcote'sproduction and reserves.
Date   Source Headline
1st Aug 20147:00 amRNSStrategic Agreement Provides Exposure to Mexico
10th Jul 201412:45 pmRNSResult of AGM
10th Jul 20147:00 amRNS2014 work programme update
8th Jul 20146:15 pmPRNHoldings in Company
30th Jun 20147:00 amRNSFinal Results
17th Jun 20147:00 amPRNSale and Purchase Agreement Signed with Aminex Plc
5th Jun 20147:00 amRNSCorrection: Positive Results From First Zink Ranch
4th Jun 20147:00 amRNSPositive Results From First Zink Ranch Well Test
21st May 20149:00 amRNSZink Ranch Update
9th May 20147:00 amRNSAgreement to Acquire 35% Interest in Shoats Creek
2nd May 20147:00 amRNSOperations Update
25th Apr 20147:00 amRNSOperations Update
14th Mar 20142:00 pmRNSOperations update and farm-out of Zink Ranch
27th Feb 20147:00 amPRNZink Ranch Update & Commencement of 2014 work programme
25th Feb 20142:40 pmRNSIssue of Equity, Total Voting Rights
22nd Jan 20147:00 amPRNOperations Update
16th Dec 20132:33 pmPRNBRR Audio Interview
16th Dec 20137:00 amPRNPositive Development Update on US Acreage
6th Dec 20137:00 amPRNAcquisition & Farm Out of Producing Unit, Oklahoma
18th Nov 20137:00 amPRNOil Production Rises Seven Fold at Oklahoma Well
14th Oct 20137:00 amRNSAcquires highly prospective acreage
11th Oct 20133:10 pmRNSCompletion of the South Weslaco Acquisition
11th Oct 20132:58 pmRNSShares to be admitted to trading
9th Oct 20137:01 amPRNAppointment of Joint Broker
9th Oct 20137:00 amPRNRaises GBP1.75 million through Placing
7th Oct 20137:05 amPRNManaging Director Interview on BRR
7th Oct 20137:00 amPRNPositive Frack Update, Horizon Project, Oklahoma
4th Oct 20137:00 amPRNIntention to Drill 1st Horizontal Well Mississippi Lime
30th Sep 20137:00 amPRNInterim Results
28th Aug 20137:00 amPRNAcquisition of Producing Leases in Texas
7th Aug 20137:01 amPRNManaging Director Interview on BRR
7th Aug 20137:00 amPRNProduction Exceeds 100BOEPD Target
5th Aug 20137:00 amPRNFrack Programme and Completion of Pipeline Project
4th Jul 20137:01 amPRNManaging Director Video on BRR Media
4th Jul 20137:00 amPRNNorthcote Drilling Partners LP Established
1st Jul 20137:00 amPRNOperations Update - OKE Project
20th Jun 20133:00 pmPRNResult of AGM
20th Jun 20137:00 amPRNAGM Statement
18th Jun 201311:00 amPRNCompletion of Mathis Acquisition
4th Jun 201311:00 amPRNNotice of AGM and Investor Presentation
28th May 20137:30 amPRNPositive Frac Update
3rd May 20137:05 amPRNIncreased Acreage in Oklahoma and Issue of Equity
3rd May 20137:00 amPRNCompletion of Hydraulic Fracture Stimulation
4th Apr 201310:45 amPRNGrant of Options
3rd Apr 20133:15 pmPRNCompletion of the OKE Acquisition and Placing
28th Mar 20137:00 amPRNFinal Results
25th Mar 20137:00 amPRNAcquisition of Project & Options & GBP1.5m Placing
13th Mar 20137:00 amPRNOperational Update
28th Feb 20137:00 amPRN40% Increase in Value of Total Net Proved Reserves
20th Feb 20137:00 amPRNOperations Update

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