New Zealand Energy Announces Changes to Finance Team

New Zealand Energy Announces Changes to Finance Team 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 10/07/13 -- New
Zealand Energy Corp. ("NZEC" or the "Company")
(TSX-VENTURE:NZ)(OTCQX:NZERF) today announced the appointment of
Gerrie van der Westhuizen as Interim Chief Financial Officer.  
Gerrie joined NZEC in November 2012 as Vice President Finance,
assuming responsibility for the Company's financial reporting
obligations, tax compliance, global insurance and financial modeling.
He was integral in overseeing and evaluating the financial aspects of
the pending acquisition of assets from Origin Energy Resources NZ
(TAWN) Limited, a wholly-owned subsidiary of Origin Energy Limited
(collectively "Origin").1 Gerrie has been closely involved with the
Company's operations and accounting teams in New Zealand, regularly
travelling to New Plymouth to assist in streamlining period-end
financial reporting controls, strategic planning and the introduction
of new business processes.  
Gerrie is a Chartered Accountant, designated in Canada and South
Africa, with considerable experience in the natural resource
industry, having been involved with organizations producing base,
precious and alternative metals and minerals. Gerrie has held
progressively senior positions within public accounting and industry
and garnered significant experience in statutory reporting, including
executing multiple IFRS conversion projects and championing SOX404
initiatives, equity offerings and IPOs. He has also been responsible
for treasury management within complex debt structures and has
managed multi-jurisdictional tax compliance and the implementation of
fully integrated multi-currency ERP systems. 
The Company thanks Chris Ferguson, the Company's outgoing CFO, for
his contributions and wishes him well in his future endeavours. 
The Company is also pleased to announce the appointment of Newton
Cockerill to the position of Financial Controller, based in New
Plymouth. Newton is an accountant with extensive experience in
budgeting, forecasting and strategic planning. Newton's industry
experience includes more than five years with Origin Energy NZ. He
joined Origin in April 2008 and held progressively senior roles, most
recently as Business Performance and Accounting Manager. Notably,
Newton has been directly involved in the accounting and financial
controls associated with the TWN Assets and the Waihapa Production
Station, which NZEC is acquiring from Origin in partnership with L&M
Energy Limited. Newton will offer valuable insight and assistance as
the Company integrates the TWN Assets and Waihapa Production Station
into its business and financial processes, following completion of
the acquisition of assets from Origin.1  
On behalf of the Board of Directors 
John Proust, Chief Executive Officer and Director 
(1) See NZEC press release dated October 1, 2013. NZEC has secured
the financing for the acquisition of assets and awaits approval for
the acquisition from the New Zealand government, which is the final
condition for completion of the acquisition. 
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 2.27 million acres (including permits and acquisitions
pending) 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. 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 or by emailing 
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.  
Forward-looking Information 
This document 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 "will", "is acquiring", "following" and
similar expressions are intended to identify forward-looking
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. Such forward-looking statements should
not be unduly relied upon. The Company 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. This document contains forward-looking statements and
assumptions pertaining to the following: the ability of the Company
to complete the acquisition of assets from Origin; the granting of
regulatory approvals; the timing for receipt of regulatory approvals;
the ability of the Company to obtain the necessary approvals to
conclude the acquisition of assets on schedule, or at all; and the
ability of the Company to raise sufficient funds to execute its
development plans. Actual results could differ materially from those
anticipated in these forward-looking statements as a result of the
risk factors set forth below and elsewhere in the document, including
market conditions that prevent the Company from raising the funds
necessary to execute its development plans; and global financial
market events that cause significant volatility. Readers are
cautioned that the foregoing list of factors is not exhaustive. The
forward-looking statements contained in the document are expressly
qualified by this cautionary statement. These statements speak only
as of the date of this document and the Company does not undertake to
update any forward-looking statements that are contained in this
document, except in accordance with applicable securities laws.
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 
New Zealand Energy Corp.
Chris Bush
New Zealand Country Manager
New Zealand: 64-6-757-4470
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