Ithaca Energy Inc.: Director Share Purchase
ABERDEEN, SCOTLAND--(Marketwired - May 31, 2016) - Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)
TSX: IAE
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
Ithaca Energy Inc.
Director Share Purchase
31 May 2016
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") announces that it was notified on 30 May 2016 that Jack C. Lee, Non-Executive Chairman, purchased 82,600 Common Shares at C$1.06 per share on 27 May 2016 and 16,900 Common Shares at C$1.07 on 30 May 2016. His beneficial holding is now 1,649,500 Common Shares, representing approximately 0.4% of the issued share capital of the Company.
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Enquiries:
| Ithaca Energy | ||||
| Graham Forbes | +44 (0)1224 652 151 | |||
| Richard Smith | +44 (0)1224 652 172 | |||
| FTI Consulting | ||||
| Edward Westropp | +44 (0)207 269 7230 | |||
| Tom Hufton | +44 (0)203 727 1625 | |||
| Cenkos Securities | ||||
| Neil McDonald | +44 (0)207 397 8900 | |||
| Nick Tulloch | +44 (0)131 220 6939 | |||
| Beth McKiernan | +44 (0)131 220 9778 | |||
| RBC Capital Markets | ||||
| Daniel Conti | +44 (0)207 653 4000 | |||
| Matthew Coakes | +44 (0)207 653 4000 |
About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries and the exploitation of its existing UK producing asset portfolio. Ithaca's strategy is centred on generating sustainable long term shareholder value by building a highly profitable 25kboe/d North Sea oil and gas company. For further information please consult the Company's website www.ithacaenergy.com.
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States