Ecosse Energy Corp.

Ecosse Energy Corp.

May 30, 2012 14:20 ET

Ecosse Energy Announces Share Payments to Employees, Officers and Directors

TORONTO, ONTARIO--(Marketwire - May 30, 2012) - Ecosse Energy Corp. (CNSX:ECS) (the "Company"), a company focused on oil and gas exploration and production in Indonesia, announces that it has paid 3 employees of its subsidiaries a total of 193,714 common shares in consideration of $67,800 of services, and it has paid 8 directors and officers of the corporation and its subsidiaries, a total of 562,500 common shares in consideration of $196,875 of services.

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. Its wholly owned subsidiaries - Ecosse Energy (Bengkulu) Pty Ltd ("EEB"); a private Australian company - and Ecosse Energy (Manokwari) Ltd ("EEM"); a private BVI company - both operate in Indonesia. EEB owns a 100% working interest in the Bengkulu PSC in Sumatra, Indonesia. The Bengkulu PSC covers 4,101km2 (1,013,602 acres) and consists of both onshore and offshore portions. EEM owns a 100% working interest in the Manokwari PSC in Papua, Indonesia. The Manokwari PSC covers 3902km2 (964,417 acres). Both the Bengkulu PSC and the Manokwari PSC are currently in the exploration phase with both PSCs planning to drill onshore wells in 2012.

Further information concerning the Company can be found at and

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

    Fox-Davies Capital Limited
    Daniel Fox-Davies / Richard Hail / Barry Saint
    +44 (0) 20 3463 5000