New Zealand Energy Announces Change to Senior Management Team

New Zealand Energy Announces Change to Senior Management Team 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/01/12 -- New
Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the
"Company") announced today that the Company is moving the Chief
Financial Officer role to New Zealand to allow for closer interaction
with the Company's technical and accounting teams. John Hudson,
NZEC's Group Financial Controller located in New Plymouth, New
Zealand, has assumed the role of interim Chief Financial Officer
while the Company conducts an executive search for a New Zealand
based Chief Financial Officer.  
NZEC would like to thank Jeff Redmond for his contributions as Chief
Financial Officer and wish him well in his future endeavors. 
On behalf of the Board of Directors 
John Proust, Chief Executive Officer & Director  
About New Zealand Energy Corp. 
NZEC is an oil and natural gas company engaged in the production,
development and exploration of petroleum and natural gas assets in
New Zealand. NZEC's property portfolio collectively covers
approximately 2.25 million acres (including pending permits) of
conventional and unconventional prospects in the Taranaki Basin and
East Coast Basin of New Zealand's North Island. The Company's
management team has extensive experience exploring and developing oil
and natural gas fields in New Zealand and Canada, and takes a
multi-disciplinary approach to value creation with a track record of
successful discoveries. NZEC plans to add shareholder value by
executing a technically disciplined exploration and development
program focused on the onshore and offshore oil and natural gas
resources in the politically and fiscally stable country of New
Zealand. NZEC is listed on the TSX Venture Exchange under the symbol
"NZ" and on the OTCQX International under the symbol "NZERF". More
information is available at www.newzealandenergy.com or by emailing
info@newzealandenergy.com. 
Forward-looking Statements 
This news release contains certain forward-looking information and
forward-looking statements within the meaning of applicable
securities legislation (collectively "forward-looking statements").
The use of any of the words "intends", "recruiting", "prepares", and
similar expressions are intended to identify forward-loo
king
statements. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such
forward-looking statements, including without limitation, the
speculative nature of exploration, appraisal and development of oil
and natural gas properties; uncertainties associated with estimating
oil and natural gas resources; uncertainties in both daily and
long-term production rates and resulting cash flow; volatility in
market prices for oil and natural gas; changes in the cost of
operations, including costs of extracting and delivering oil and
natural gas to market, that affect potential profitability of oil and
natural gas exploration; the need to obtain various approvals before
exploring and producing oil and natural gas resources; uncertainty in
the timing of receipt of permits and the Company's ability to extend
the permits if required; exploration hazards and risks inherent in
oil and natural gas exploration; operating hazards and risks inherent
in oil and natural gas operations; market conditions that prevent the
Company from raising the funds necessary for exploration and
development on acceptable terms or at all; global financial market
events that cause significant volatility in commodity prices;
unexpected costs or liabilities for environmental matters;
competition for, among other things, capital, acquisitions of
resources, skilled personnel, and access to equipment and services
required for exploration, development and production; changes in
exchange rates, laws of New Zealand or laws of Canada affecting
foreign trade, taxation and investment; failure to realize the
anticipated benefits of acquisitions; and other factors as disclosed
in documents released by NZEC as part of its continuous disclosure
obligations. Information concerning reserves may also be deemed to be
forward looking as estimates imply that the reserves described can be
profitably produced in the future. NZEC believes the expectations
reflected in those forward-looking statements are reasonable, but no
assurance can be given that these expectations will prove to be
correct. Such forward-looking statements included in this news
release should not be unduly relied upon. These statements speak only
as of the date of this news release and NZEC does not undertake to
update any forward-looking statements that are contained in this news
release, except in accordance with applicable securities laws.  
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as such term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Contacts:
New Zealand Energy Corp.
John Proust
Chief Executive Officer & Director
North American toll-free: 1-855-630-8997 
New Zealand Energy Corp.
Bruce McIntyre
Executive Director
North American toll-free: 1-855-630-8997 
New Zealand Energy Corp.
Rhylin Bailie
Vice President Communications & Investor Relations
North American toll-free: 1-855-630-8997
info@newzealandenergy.com
www.newzealandenergy.com
 
 
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