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Press release from Marketwire

Ithaca Energy Inc-Officers' Share Purchases

Thursday, April 04, 2013

Ithaca Energy Inc-Officers' Share Purchases

02:00 EDT Thursday, April 04, 2013

ABERDEEN, SCOTLAND--(Marketwired - April 03, 2013) - Ithaca Energy Inc. (TSX VENTURE: IAE)

(LSE: IAE)

 (TSX VENTURE: IAE) (LSE: IAE)Not for Distribution to U.S. Newswire Services or for Dissemination inthe United States Ithaca Energy Inc. Officers' Share PurchasesIthaca Energy Inc. (TSX: IAE, LSE AIM: IAE) announces that on April 3,2013 three Officers of the Company increased their beneficialshareholdings in Ithaca, purchasing a total of 65,000 Common Shares.Iain McKendrick (Chief Executive Officer) acquired 30,000 Common Sharesat GBP1.14 per share, increasing his beneficial holding to 205,465Common Shares, representing approximately 0.08% of the issued sharecapital of the Company.Graham Forbes (Chief Financial Officer) acquired 15,000 Common Sharesat GBP1.14 per share, increasing his beneficial holding to 64,645 CommonShares, representing approximately 0.03% of the issued share capital ofthe Company.John Woods (Chief Developments Officer) acquired 20,000 Common Sharesat GBP1.12 per share, increasing his beneficial holding to 131,445Common Shares, representing approximately 0.05% of the issued sharecapital of the Company.Enquiries:Ithaca EnergyIain McKendrick, CEO imckendrick@ithacaenergy.com +44 (0) 1224 650 261Graham Forbes, CFO gforbes@ithacaenergy.com +44 (0) 1224 652 151Cenkos Securities plcJon Fitzpatrick jfitzpatrick@cenkos.com +44 (0) 207 397 8900Neil McDonald nmcdonald@cenkos.com +44 (0) 131 220 6939RBC Capital MarketsTim Chapman tim.chapman@rbccm.com +44 (0) 207 653 4641Matthew Coakes matthew.coakes@rbccm.com +44 (0) 207 653 4871FTI ConsultingBilly Clegg billy.clegg@fticonsulting.com +44 (0) 207 269 7157Edward Westropp edward.westropp@fticonsulting.com +44 (0) 207 269 7230Georgia Mann georgia.mann@fticonsulting.com +44 (0) 207 269 7212About Ithaca EnergyIthaca Energy Inc. (TSX: IAE, LSE AIM: IAE) and its wholly ownedsubsidiary Ithaca Energy (UK) Limited ("Ithaca" or "the Company"),is anoil and gas operator focused on North Sea production, appraisal anddevelopment activities. The Company's strategy is centred on buildinga highly profitable North Sea oil and gas company by maximisingproduction and cashflow from its existing assets, the appraisal anddevelopment of existing discoveries on properties held by the Companyand the delivery of additional growth via acquisitions and licenceround participation.Not for Distribution to U.S. Newswire Services or for Dissemination inthe United States -ENDS- This information is provided by RNS The company news service from the London Stock ExchangeEND

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:
RNS
Customer
Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com

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