18th Jun 2013 11:00
NORTHCOTE ENERGY LIMITED - Completion of Mathis AcquisitionNORTHCOTE ENERGY LIMITED - Completion of Mathis Acquisition
PR Newswire
London, June 18
Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector: Oil & Gas 18 June 2013 Northcote Energy Ltd (`Northcote' or `the Company') Completion of the Mathis Acquisition Northcote is pleased to announce that, further to the announcement by theCompany on 3 May 2013, it has completed the acquisition of the Mathis Propertyfor US$325,000. The acquisition provides the Company with a 100% workinginterest in an additional 960 acres contiguous to the Company's HorizonProject. **ENDS** For further information and the full Admission document visitwww.northcoteenergy.com, see below or contact the following: Randy Connally Northcote Energy Ltd +01 214 675 7579 Ross Warner Northcote Energy Ltd +44 7760 487 769 Dan Jorgensen Northcote Energy Ltd +44 (0) 20 7024 8391 Roland Cornish Beaumont Cornish Ltd +44 (0) 20 7628 3396 Jerry Keen Shore Capital Stockbrokers +44 (0) 20 7408 4090 Limited Bidhi Bhoma Shore Capital Stockbrokers +44 (0) 20 7408 4090 Limited Hugo de Salis St Brides Media and Finance +44 (0) 20 7236 1177 Ltd Elisabeth Cowell St Brides Media and Finance +44 (0) 20 7236 1177 Ltd Notes: Northcote Energy Ltd is a revenue generative US onshore oil and gas productioncompany focussed on the rapidly emerging Mississippi Lime formation inOklahoma. The Company participates with leading operators, including MidstatesPetroleum and Chesapeake Energy, in low risk development plays where advancedtechniques, such as horizontal drilling and fracking, are used to unlock knownoil accumulations and dramatically improve recovery rates. Management isfocused on increasing production through a multi-well drilling and frackingcampaign in 2013.
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