Ithaca Energy Inc.: Director Shareholding


CALGARY, AB--(Marketwired - Nov 26, 2015) - Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)

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Ithaca Energy Inc.

Director Shareholding

26 November 2015

Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) (the "Company") announces that it was notified on 25 November 2015 that Jack C. Lee, Non-Executive Chairman, purchased 150,000 Common Shares at CAD 0.78 per share on that date. His beneficial holding is now 1,550,000 Common Shares, representing approximately 0.38% of the issued share capital of the Company.

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About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE) (LSE: 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

Contact Information:

Enquiries:

Ithaca Energy
Graham Forbes
gforbes@ithacaenergy.com
+44 (0)1224 652 151
Richard Smith
rsmith@ithacaenergy.com
+44 (0)1224 652 172

FTI Consulting
Edward Westropp
edward.westropp@fticonsulting.com
+44 (0)203 727 1521
Tom Hufton
tom.hufton@fticonsulting.com
+44 (0)203 727 1625

Cenkos Securities
Neil McDonald
nmcdonald@cenkos.com
+44 (0)207 397 8900
Nick Tulloch
ntulloch@cenkos.com
+44 (0)131 220 6939

RBC Capital Markets
Daniel Conti
daniel.conti@rbccm.com
+44 (0)207 653 4000
Matthew Coakes
matthew.coakes@rbccm.com
+44 (0)207 653 4000