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 January 6, 2016 - 9:55 AM EST
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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.”


For further information visit 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


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.

Source: PR Newswire (January 6, 2016 - 9:55 AM EST)

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