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
www.newzealandenergy.com or by emailing info@newzealandenergy.com.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
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
info@newzealandenergy.com
www.newzealandenergy.com

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