North Sea Energy Announces the Results of its Annual and General Meeting of Shareholders and Corporate Appointments

North Sea Energy Announces the Results of its Annual and General Meeting of Shareholders and Corporate Appointments
  
 

TORONTO, ONTARIO--(Marketwired - Jun 4, 2014) - North Sea Energy Inc. ("NSE" or the "Company") (TSX-VENTURE:NUK) announces the results of its Annual and General Meeting of Shareholders (the "Meeting") held on June 4, 2014 in Toronto, Ontario.

Results of the Meeting

Shareholders voted for the re-election of J. Craig Anderson, C. Brent Austin, Ian D. Lambert, Hubert-Lance Huet, and David Antony as Directors of the Company until the next annual meeting of shareholders.

The shareholders re-appointed Grant Thornton Chartered Accountants as the Company's auditor for the ensuing year and authorized the directors to fix the auditors' remuneration.

Corporate Appointments

The Board has also reappointed the following individuals as officers of the Company:

J. Craig Anderson: Chief Executive Officer, President and Secretary.

Petya Popova: Chief Financial Officer.

The Board re-appointed its standing committees; they include the Audit Committee, the Reserves Committee, the Compensation Committee and Corporate Governance. The following table includes the committees and corresponding committee members.

	Board of Directors	Audit Committee	Reserves Committee	Compensation Committee	Corporate Governance
J. Craig Anderson	X		X
C. Brent Austin	X		Chair	X
Ian D. Lambert	X	X		Chair	X
Hubert-Lance Huet	X	X		X	X
Dave Antony	X	Chair	X		Chair

About North Sea Energy Inc.

North Sea Energy Inc. (TSX-VENTURE:NUK) is an oil and gas company that holds a portfolio of high impact interests focused on the Moray Firth in the offshore UK North Sea. These interests include Bagpuss and Blofeld (blocks 13/24c and 13/25), Norfolk (blocks 12/16b and 12/17b), Cloud (block 14/29b), Del Monte (block 19/3) and Golden Phoenix (block 18/10a).

Forward-looking statements

Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur.. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

J. Craig Anderson, CEONorth Sea Energy [e-mail] Relations:Auburn Partners [e-mail]