New Zealand Energy Corp. Announces Results of Annual General Meeting

New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company")
is pleased to announce that its shareholders approved all matters put before
them at the Company's Annual General Meeting held on June 15, 2012. Messrs. John
Greig, John Proust, Bruce McIntyre, Ken Truscott and Hamish Campbell were
elected to the Board of Directors. Shareholders ratified the Company's stock
option plan, which permits the Company to grant options for up to 10% of the
number of shares outstanding from time to time. 


NZEC live-broadcast the shareholder update portion of the meeting, providing an
update on the Company's exploration activities, business strategy and
objectives. An archive of the webcast is available at www.NewZealandEnergy.com
in the Investor Centre/Presentations section.


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 more than two million acres 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
[e-mail].