February 11, 2013 07:00 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 11, 2013) - New Zealand Energy Corp. ("NZEC" or the "Company") (TSX VENTURE:NZ)(OTCQX:NZERF) regretfully accepts Ken Truscott's resignation from the Company's Board of Directors for personal health reasons. Ken was recently involved in a serious skiing accident and is recovering from that incident.
"Ken Truscott was a founding Director of the Company, and his oil and gas expertise and insight have been invaluable as NZEC expanded from a start-up company to an oil and gas producer with operations on multiple sites," said John Proust, Chief Executive Officer of NZEC. "On behalf of NZEC's Board of Directors and employees, I thank Ken for his valuable contributions and wish him well in his recovery."
NZEC will undertake a comprehensive search for a new Director with oil and gas and business expertise.
On behalf of the Board of Directors
John Proust, Chief Executive Officer and 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 2.27 million acres (including pending permits) 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 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 email@example.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.
New Zealand Energy Corp.John ProustChief Executive Officer & DirectorNorth American toll-free: 1-855-630-8997New Zealand Energy Corp.Bruce McIntyreExecutive DirectorNorth American toll-free: 1-855-630-8997New Zealand Energy Corp.Rhylin BailieVice President Communications & Investor RelationsNorth American toll-free: 1-855-630-8997New Zealand Energy Corp.Chris BushNew Zealand Country ManagerNew Zealand: firstname.lastname@example.org
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