TORONTO, Sept. 21, 2011 (ANTARA/CNW-AsiaNet) --
Ecosse Energy Corp. (CNSX: ECS) (the "Company"), a company focused on oil and gas exploration and production in Indonesia, announces that it has appointed Fox-Davies Capital Limited ("Fox-Davies") as a financial adviser.
Fox-Davies is a financial adviser and stockbroker based in London, England that specialises in advising and raising capital for junior international oil and gas and resources companies. Fox-Davies is regulated by the Financial Services Authority in the UK, is a Member Firm of the London Stock Exchange and is a Nominated Adviser on the Alternative Investment Market.
"Fox-Davies will advise Ecosse Energy on its financing alternatives going forward including introducing Ecosse to potential equity investors in the UK, Europe and internationally in relation to Ecosse meeting its on-going exploration funding requirements on its two production sharing contracts in Indonesia" said Alan Morrison, President and CEO of Ecosse Energy Corp.
About the Company
Ecosse Energy Corp. was incorporated under the Canada Business Corporations Act and is a reporting issuer in the Provinces of Alberta, British Columbia, Manitoba, and Ontario. Its wholly owned subsidiaries - Ecosse Energy (Bengkulu) Pty Ltd ("EEB"); a private Australian company - and Ecosse Energy (Manokwari) Ltd ("EEM"); a private BVI company - both operate in Indonesia. EEB owns a 100% working interest in the Bengkulu PSC in Sumatra, Indonesia. The Bengkulu PSC covers 4,101km2 (1,013,602 acres) and consists of both onshore and offshore portions. EEM owns a 100% working interest in the Manokwari PSC in Papua, Indonesia. The Manokwari PSC covers 3902km2 (964,417 acres). Both the Bengkulu PSC and the Manokwari PSC are currently in the exploration phase with both PSCs planning to drill onshore wells in 2012.
Further information concerning the Company can be found at www.sedar.com and www.cnsx.ca.
Neither the Canadian National Stock Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Ecosse Energy Corp.
CONTACT: Alan W Morrison, President & CEO, Ecosse Energy Corp., Ph: +1 (403) 218-2862, email: info@ecosseenergy.com
(ECS.)
Editor: PR Wire
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