Appointment of Joint Broker

Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector: Oil & Gas 24 March 2015 Northcote Energy Ltd (`Northcote' or `the Company') Appointment of Joint Broker Northcote (AIM: NCT), an onshore US oil and gas exploration and productioncompany, announces that Beaufort Securities Limited has assumed the role ofjoint broker to the Company with immediate effect. * * 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 Elliot Hance Beaufort Securities Ltd +44 20 7382 8300 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.