IAE.L Regulatory News (IAE)

6 Jul 2007 07:01

Ithaca Energy Inc06 July 2007 NEWS RELEASE Not for Distribution to U.S. Newswire Services or for Dissemination in the United States ITHACA ENERGY INC Ithaca Energy is Unaware of Any Material Change LONDON, U.K. - CALGARY, ALBERTA, July 6, 2007 -- Ithaca Energy Inc. ("Ithaca")(LSE-AIM: IAE, TSX-V: IAE), a Canadian independent oil and gas company withexploration and development assets in the UK North Sea, wishes to confirm thatits management is unaware of any material change in Ithaca's operations thatwould account for its recent market activity. Enquiries: Ithaca Energy Inc:Lawrie Payne, CEO lpayne@ithacaenergy.com +44 (0) 207 590 3028Neill Carson, COO ncarson@ithacaenergy.com +44 (0) 1224 650 261Brad Gunn, CFO bgunn@ithacaenergy.com (403) 668-7303 Pelham Public RelationsCharles Vivian charles.vivian@pelhampr.com +44 (0) 207 743 6672Philip Dennis philip.dennis@pelhampr.com +44 (0) 207 743 6363 Nabarro Wells & Co. LimitedMarc Cramsie ithaca@nabarro-wells.co.uk +44 (0) 207 710 7400John Wilkes ithaca@nabarro-wells.co.uk +44 (0) 207 710 7400 Not for Distribution to U.S. Newswire Services or for Dissemination in the United States Forward-looking statements Some of the statements in this announcement are forward-looking. Forward-lookingstatements include statements regarding the intent, belief and currentexpectations of Ithaca Energy Inc. or its officers with respect to variousmatters. When used in this announcement, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and thenegatives thereof, are intended to identify forward-looking statements. Suchstatements are not promises or guarantees, and are subject to risks anduncertainties that could cause actual outcome to differ materially from thosesuggested by any such statements. These forward-looking statements speak only asof the date of this announcement. Ithaca Energy Inc. expressly disclaims anyobligation or undertaking to release publicly any updates or revisions to anyforward-looking statement contained herein to reflect any change in itsexpectations with regard thereto or any change in events, conditions orcircumstances on which any forward-looking statement is based. In accordance with AIM Guidelines, Lawrie Payne, MA Marine Geology (Alberta &Columbia) and CEO of Ithaca Energy is the qualified person that has reviewed thetechnical information contained in this press release. The TSX Venture Exchange does not accept responsibility for the adequacy oraccuracy of this news release. -ENDS- This information is provided by RNS The company news service from the London Stock Exchange