Ithaca Energy Inc. Notice of Annual & Special Meeting


ABERDEEN, SCOTLAND--(Marketwired - May 27, 2014) - Ithaca Energy Inc. (TSX: IAE) (LSE: 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

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, 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.

Contact Information:

Enquiries:

Ithaca Energy
Les Thomas
lthomas@ithacaenergy.com
+44 (0)1224 650 261
Graham Forbes
gforbes@ithacaenergy.com
+44 (0)1224 652 151

FTI Consulting
Edward Westropp
edward.westropp@fticonsulting.com
+44 (0)207 269 7230
Shannon Brushe
shannon.brushe@fticonsulting.com
+44 (0)203 727 1077

Cenkos Securities
Neil McDonald
nmcdonald@cenkos.com
+44 (0)131 220 6939
Beth McKiernan
bmckiernan@cenkos.com
+44 (0)131 220 9778

RBC Capital Markets
Tim Chapman
tim.chapman@rbccm.com
+44 (0)207 653 4641
Matthew Coakes
matthew.coakes@rbccm.com
+44 (0)207 653 4871