Ecosse Energy Corp.
CNSX : ECS

Ecosse Energy Corp.

July 09, 2012 11:57 ET

Ecosse Energy Announces Board Changes

TORONTO, ONTARIO--(Marketwire - July 9, 2012) - Ecosse Energy Corp. (CNSX:ECS) (the "Company"), a company focused on oil and gas exploration and production in Indonesia, announces that Paul Griggs has joined the Board of Directors of the Company as a non-executive director in preparation for the Company's proposed AIM listing this year.

Mr. Griggs has over 30 years experience in the oil and gas and investment banking industries where he has an impressive track record in business development and implementing international growth strategies for the Oil & Gas companies he has worked with. His past positions include: Head of Global Business Development for OMV's Exploration and Production arm, Vice President Strategic Planning for BHP Petroleum in London, Director of Investment Banking for NatWest Market's oil team and Commercial Director of AIM listed Sterling Energy plc.

Paul currently provides independent commercial advice to oil exploration companies including being Adviser to the Board of Cove Energy PLC where he has played a key role in Cove's initial entry to East Africa and subsequent major success.

In parallel, and as a part of a process of reconfiguring the Board ahead of a proposed AIM listing, Nigel Fletcher has resigned as a director. Nigel will remain actively involved with the Company as a director of its wholly-owned subsidiaries, Ecosse Energy (Bengkulu) Pty and Ecosse Energy (Manokwari) Ltd, in Indonesia.

Alan Morrison, President and CEO of Ecosse Energy Corp. said:

"We are pleased to welcome Paul onto the Board ahead of our proposed AIM listing this year. Paul's industry knowledge allied to his understanding of the London market will be a positive addition to the Board.

We thank Nigel for his efforts as a director and look forward to continuing to work with him as a director of our subsidiary companies.

About the Company

Ecosse Energy Corp. was incorporated under the Canada Business Corporations Act and is a reporting issuer in the Provinces of Alberta, British Columbia, Manitoba, and Ontario. Through its wholly owned subsidiary companies it owns 100% Working Interest and is the Operator of two Indonesian oil and gas Production Sharing Contracts - the Bengkulu PSC in South Sumatra and the Manokwari PSC in Papua province. The Bengkulu PSC covers 1,262 km2 (311,847 acres) and consists of both onshore and offshore portions. The Manokwari PSC is onshore and covers 1,298 km2 (320,742 acres).

Further information concerning the Company can be found at www.sedar.com and www.cnsx.ca.

Neither the Canadian National Stock Exchange nor its regulation services provider nor the Alternative Investment Market on the London Stock Exchange accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Ecosse Energy Corp.
    Alan W Morrison
    President & CEO
    +1 877 284 6848
    info@ecosseenergy.com

    Fox-Davies Capital Limited
    Daniel Fox-Davies / Richard Hail / Barry Saint
    +44 (0) 20 3463 5000
    www.fox-davies.com