Northcote Energy Ltd. has appointed Jay Wettig as Vice President, Oklahoma Operations to focus on maximising value from the entire Oklahoma portfolio.

The company provided an update on its oil and gas portfolio in Oklahoma. This includes the non-core Horizon and OKE properties as well as the Zink Ranch project which remains of interest for future development (together the 'Oklahoma Portfolio'). Daily production from the Oklahoma Portfolio averaged 16.4 barrels of oil and 135.4 mcf of natural gas or, on a 6 mcf per 1 barrel of equivalent (BOE) basis, 39 BOE/d in December 2015 net to Northcote (gross of 76 BOE/d equivalent).