New Zealand Energy Corp.
TSX VENTURE : NZ
OTCQX : NZERF

New Zealand Energy Corp.

February 19, 2014 07:00 ET

David Robinson Joins New Zealand Energy Corp. as a Director and as CEO of the New Zealand Business

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 19, 2014) - New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE:NZ)(OTCQX:NZERF) is pleased to announce that Mr. David Robinson is joining the Company's Board of Directors, and has been hired in the new position of Chief Executive Officer of the Company's New Zealand business. Mr. Robinson will join the Board of Directors on March 31, 2014, and will commence his employment with NZEC on May 19, 2014.

Mr. Robinson has been CEO of the Petroleum Exploration and Production Association of New Zealand ("PEPANZ") since December 2012. As CEO of PEPANZ, Mr. Robinson made a significant contribution to New Zealand's oil and gas industry, managing key stakeholder relationships to ensure New Zealand's natural resources can be developed profitably and responsibly for the benefit of industry participants and all New Zealanders. Representing the interests of oil and gas producers, explorers and service companies, Mr. Robinson contributed to the development of government policies and legislation and was a strong advocate in all areas of policy, media and external relations. Prior to joining PEPANZ, Mr. Robinson was Commercial General Manager for Z Energy, was a Director of Shell New Zealand, and held a number of senior downstream commercial positions with Shell both within New Zealand and overseas.

"David Robinson's knowledge and skill set, his reputation for honesty and integrity, and his relationships in the New Zealand oil and gas industry are unparalleled," said John Proust, Chief Executive Officer and Director of NZEC. "David will be on the ground in New Zealand, overseeing day-to-day operations of NZEC's assets and building on the strategic relationships that we have developed with our community partners and industry leaders.

"David's decision to join NZEC is a strong endorsement of the Company's assets and business model," continued Mr. Proust, "and his strategic leadership and vision are the ideal fit to lead NZEC into the future. On behalf of NZEC's employees and Directors, I welcome David to the Company and look forward to working with him."

"I am excited to take on a leadership role in a company that will be at the forefront of New Zealand's growing oil and gas industry," said David Robinson. "NZEC has already established a strong presence in New Zealand, with a diverse portfolio of both upstream and midstream assets. I look forward to building on NZEC's solid foundations and taking advantage of the many new opportunities this role will bring."

On behalf of the Board of Directors

John Proust, Chief Executive Officer & Director

About New Zealand Energy Corp.

NZEC is an oil and natural gas company engaged in the production, development and exploration of petroleum and natural gas assets in New Zealand. NZEC's property portfolio collectively covers approximately 1.97 million acres of conventional and unconventional prospects in the Taranaki Basin and East Coast Basin of New Zealand's North Island. The Company's management team has extensive experience exploring and developing oil and natural gas fields in New Zealand and Canada, and takes a multi-disciplinary approach to value creation with a track record of successful discoveries. NZEC plans to add shareholder value by executing a technically disciplined exploration and development program focused on the onshore and offshore oil and natural gas resources in the politically and fiscally stable country of New Zealand. NZEC is listed on the TSX Venture Exchange under the symbol NZ and on the OTCQX International under the symbol NZERF. More information is available at www.newzealandenergy.com or by emailing info@newzealandenergy.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of the word "will", "build", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. Actual results could differ materially from those anticipated in these forward-looking statements. The forward-looking statements contained in the document are expressly qualified by this cautionary statement. These statements speak only as of the date of this document and the Company does not undertake to update any forward-looking statements that are contained in this document, except in accordance with applicable securities laws.

Contact Information

  • New Zealand Energy Corp.
    John Proust
    Chief Executive Officer & Director
    North American toll-free: 1-855-630-8997

    New Zealand Energy Corp.
    Bruce McIntyre
    Acting General Manager Exploration & Director
    North American toll-free: 1-855-630-8997

    New Zealand Energy Corp.
    Rhylin Bailie
    Vice President Communications & Investor Relations
    North American toll-free: 1-855-630-8997
    info@newzealandenergy.com
    www.newzealandenergy.com