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Director Share Purchase

12 Apr 2013 09:18

RNS Number : 2257C
Ithaca Energy Inc
12 April 2013
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Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

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Ithaca Energy Inc.

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Director Share Purchase

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12 April 2013

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Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) announces that on April 11, 2013 Jack C Lee (Director and Non-Executive Chairman) purchased 35,000 Common Shares at C$1.83 per share, increasing hisbeneficial holding to 800,000 Common Shares, representing approximately 0.31% of the issued share capital.

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Enquiries

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Ithaca Energy:

Iain McKendrick, CEO

imckendrick@ithacaenergy.com

+44 (0) 1224 650 261

Graham Forbes, CFO

gforbes@ithacaenergy.com

+44 (0) 1224 652 151

FTI Consulting:

Billy Clegg

billy.clegg@fticonsulting.com

+44 (0) 207 269 7157

Edward Westropp

edward.westropp@fticonsulting.com

+44 (0) 207 269 7230

Georgia Mann

georgia.mann@fticonsulting.com

+44 (0) 207 269 7212

Cenkos Securities plc:

Jon Fitzpatrick

jfitzpatrick@cenkos.com

+44 (0) 207 397 8900

Ken Fleming

kfleming@cenkos.com

+44 (0) 131 220 6939

RBC Capital Markets:

Tim Chapman

tim.chapman@rbccm.com

+44 (0) 207 653 4641

Matthew Coakes

matthew.coakes@rbccm.com

+44 (0) 207 653 4871

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About Ithaca Energy

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) and its wholly owned subsidiary Ithaca Energy (UK) Limited ("Ithaca" or "the Company"),is an oil and gas operator focused on North Sea production, appraisal and development activities. The Company's strategy is centred on building a highly profitable North Sea oil and gas company by maximising production and cashflow from its existing assets, the appraisal and development of existing discoveries on properties held by the Company and the delivery of additional growth via acquisitions and licence round participation.

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Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

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-ENDS-

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This information is provided by RNS
The company news service from the London Stock Exchange
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