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Ithaca Energy Inc.: Director Shareholding

CALGARY, AB--(Marketwired - November 26, 2015) - Ithaca Energy Inc. (TSX: IAE) (LSE: IAE)

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

Ithaca Energy Inc.

Director Shareholding

26 November 2015

Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) (the "Company") announces that it was notified on 25 November 2015 that Jack C. Lee, Non-Executive Chairman, purchased 150,000 Common Shares at CAD 0.78 per share on that date. His beneficial holding is now 1,550,000 Common Shares, representing approximately 0.38% of the issued share capital of the Company.

- ENDS -

About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE) (LSE: 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 and the exploitation of its existing UK producing asset portfolio. 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.