SOURCE: Ithaca Energy Inc

November 17, 2014 11:10 ET

Ithaca Energy Inc. Director Shareholding

ABERDEEN, SCOTLAND--(Marketwired - Nov 17, 2014) -  Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) (the "Company") announces that it was notified on 14 November 2014 that Jack C. Lee (Non-Executive Chairman) purchased 100,000 Common Shares at C$1.40 per share on that date, increasing his beneficial holding to 1,200,000 Common Shares, representing approximately 0.36% of the issued share capital of the Company.

About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE, LSE AIM: 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, the exploitation of its existing UK producing asset portfolio and a Norwegian exploration and appraisal business targeting the generation of discoveries capable of monetisation prior to development. 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.

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

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