Ithaca Appoints Two Non-Executive

Ithaca Energy Inc., a Canadian independent oil & gas company with exploration and development assets in the UK North Sea, is pleased to announce the appointment of Mr. Jack C. Lee and Mr. Bradley Hurtubise as Non-executive Directors of the Company, subject to regulatory approval.

Mr. Lee is a long standing member of the Oil & Gas industry in Canada and as such will bring additional and varied oil and gas experience to the Board. Mr. Hurtubise is a prominent member of the Canadian Financial Community with extensive related experience in oil and gas.