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Friday, 12/20/2013 1:48:23 PM

Friday, December 20, 2013 1:48:23 PM

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New Zealand Energy Announces Change to Senior Management Team

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 20, 2013) - New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) ("NZEC" or the "Company") today announced that Chris Bush will be leaving his position as New Zealand Country Manager effective December 20, 2013.

Chris joined the Company in October 2012 and played a critical role, providing oversight of all in-country activities and establishing sophisticated policies and systems that have greatly enhanced the Company's corporate governance and operational procedures. This allowed the Company's CEO and other key executives to focus their energy on completing the protracted TWN acquisition. During this period, the Company recruited a number of industry professionals to fill key positions in the Company. With the TWN acquisition complete, NZEC's Board of Directors has determined that the senior team in New Zealand has the skill set required to execute the Company's business plan under the oversight of John Proust, NZEC's Chief Executive Officer and Director.

"On behalf of NZEC's Board of Directors and employees, I would like to thank Chris Bush for his significant contributions to NZEC," said John Proust, Chief Executive Officer and Director of NZEC. "Chris' skill set and focus on governance, health and safety and operating procedures has created a corporate structure and culture that will serve us well as the Company continues to grow. We wish Chris well in his future endeavours."
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