Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector:
Oil & Gas
6 January 2016
Northcote Energy Ltd
('Northcote' or 'the Company')
Board Change
Northcote Energy Limited announces that Daniel Jorgensen has stepped down as
Financial Director of the Company with immediate effect. This is part of a
planned restructuring of the Company's finance function which has seen the
recruitment of a qualified, US based financial controller and will see the
finance team located in the US. Dan will continue to work with the Company to
effect an orderly transition of his responsibilities whilst the Company
considers additional appointments complementary to its current Board.
Northcote CEO, Randall J. Connally said, "We would like to thank Dan for his
dedication and service to the Company since our IPO and wish him all the best
in his future endeavours. We have built a strong finance team in Dallas so
that reporting and accounting functions are close to operations. We will be
announcing additions to our Board of Directors in due course with an emphasis
on increasing both US and oil industry presence."
**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
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 9612
Elisabeth Cowell St Brides Partners Limited +44 20 7236 1177
Notes:
Northcote Energy Limited is an entrepreneurial energy company with diverse
interests. The Company combines a portfolio of US exploration and production
assets in Louisiana and Oklahoma with the development of new business
opportunities in the US and also in Mexico as well as Indonesia via a strategic
relationship with CEB Resources.