Notice of AGM

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

Ithaca Energy Inc.

Notice of Annual & Special Meeting

27 May 2014

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") confirms that its Information Circular, dated May 15, 2014 has been mailed to registered shareholders. The 2014 Annual and Special Meeting of Shareholders will be held on Tuesday, June 17, 2014 at 2:00pm (Calgary time) in the Strand/Tivoli Room at the Metropolitan Conference Centre, 333 - 4th Avenue S.W., Calgary, Alberta, Canada. Copies of the Information Circular may be downloaded from the Company's website: www.ithacaenergy.com and are available on the Company's SEDAR profile at www.sedar.com. 

- ENDS -

Enquiries:

Ithaca Energy

Les Thomas [email protected] +44 (0)1224 650 261

Graham Forbes [email protected] +44 (0)1224 652 151

FTI Consulting

Edward Westropp [email protected] +44 (0)207 269 7230

Shannon Brushe [email protected] +44 (0)203 727 1077

Cenkos Securities

Neil McDonald [email protected] +44 (0)131 220 6939

Beth McKiernan [email protected] +44 (0)131 220 9778

RBC Capital Markets

Tim Chapman [email protected] +44 (0)207 653 4641

Matthew Coakes [email protected] +44 (0)207 653 4871

About Ithaca Energy

Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries, the exploitation of its existing UK producing asset portfolio and a Norwegian exploration and appraisal business targeting the generation of discoveries capable of monetisation prior to development. Ithaca's strategy is centred on generating sustainable long term shareholder value by building a highly profitable 25kboe/d North Sea oil and gas company. For further information please consult the Company's website www.ithacaenergy.com.

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States