Mexico Update

Northcote Energy Ltd / Index: AIM / Epic: NCT / ISIN: VGG6622A1057 / Sector: Oil & Gas 8 April 2015 Northcote Energy Ltd (`Northcote' or `the Company') Mexico update Northcote (AIM: NCT) is pleased to announce that Abraham Achar, the Company'sExecutive Vice President of Mexico, has been appointed as President of theLatin American Oil & Gas Association (LAOGA) for Dallas, Texas. LAOGA is anorganisation focussed on integrating and the sustainable development of theNorth and South American energy markets. In his role as President he will workto introduce US based companies to the opportunities opening in the MexicanEnergy Sector and Latin America generally. Notably Mr Achar, joined Northcote in March 2015 in line with the Company'sstrategy to pursue business development activities within Mexico's vast energysector which has recently been reopened to international operators. In thisvein, Northcote announced on 30 March 2015, that it had entered into anagreement with a Mexican company, Gaia Ecologica S.A. DE C.V ('GaiaEcologica'), that was established by two oil field and environmental servicescompanies to pursue opportunities in the Oil & Gas sector in Mexico. Pursuantto the joint venture, Northcote and Gaia Ecologica will work together to securecontracts and business opportunities ranging from oil field services,environmental remediation, waste water treatment to oil and gas developmentconcessions and production sharing agreements in Mexico. Northcote Executive Vice President of Mexico Abraham Achar said, "I amdelighted to accept this appointment as President of LAOGA Dallas and I amexcited about the work that LAOGA does to foster deeper relationships amongenergy companies in the America's. As demonstrated by our exposure to Mexicothrough our agreement with MX Oil plc and more recently Gaia Ecologica webelieve that Mexico holds significant opportunities to generate value for ourshareholders, and I believe that my work on behalf of LAOGA will compliment myefforts for Northcote in Mexico." * * ENDS * * For further information visit www.northcoteenergy.com or contact the following: Randy Connally Northcote Energy Ltd +1 214 550 5082 Ross Warner Northcote Energy Ltd +44 7760 487 769 Dan Jorgensen Northcote Energy Ltd +44 20 7024 8391 Roland Cornish Beaumont Cornish Ltd +44 20 7628 3396 James Biddle Beaumont Cornish Ltd +44 20 7628 3396 Jon Belliss Hume Capital Securities Plc +44 20 3693 1470 Abigail Wayne Hume Capital Securities Plc +44 20 3693 1470 Nick Bealer Cornhill Capital Limited +44 20 7710 9618 Hugo de Salis St Brides Partners Limited +44 20 7236 1177 Elisabeth Cowell St Brides Partners Limited +44 20 7236 1177 Notes: Northcote Energy Ltd is a producing oil & gas company with a portfolio of USexploration and production assets in Oklahoma and Louisiana. The Company hassubstantial acreage in the US where its primary focus is on conventional oiland gas opportunities in Louisiana and Oklahoma. Northcote plans to undertake anew drill work programme at Shoats Creek in order to grow Northcote'sproduction and reserves.