TSX-V: NZ C$ 0.40 -0.02 -4.76% Volume: 251,673 May 22, 2013

New Zealand Energy Corp. also trades on the OTCQX International under symbol NZERF

About NZEC

Corporate Strategy

History of NZEC

Ask the CEO

Management Team

Board of Directors

Corporate Governance

Cautionary Notes

Management Team

NZEC is led by an experienced senior management team with a strong track record of success in oil and natural gas exploration and development. The team has individually and collectively added corporate value in a number of oil and gas ventures over the past several decades in both New Zealand and North America.

To reduce technical risk and maximize the chances of success at its properties, NZEC made the strategic decision to seek out and engage the best in-country talent, and believes it has assembled the strongest technical team in New Zealand’s oil and natural gas industry with seven geologists, geophysicists and logistics experts. This team initially operated as Ian R Brown Associates, the country’s leading oil and natural gas consulting company, which offered the full range of technical skills as well as expertise in logistics and indigenous issues.

NZEC also acquired a high-quality geologic and seismic database, and as a result has both the information and in-house expertise required to systematically target and explore the oil and gas showings on its properties.

John Proust , , CDir , , Chief Executive Officer

John Proust is the founder and principal shareholder of numerous public and private companies and has advised public and private companies with respect to debt and equity financing, mergers and acquisitions, and corporate restructuring since 1986. John has extensive experience in mergers and acquisitions, corporate restructuring and corporate governance. John has served on numerous boards and in several senior operating positions for both private and public companies. John is currently Chairman, CEO and a director of Southern Arc Minerals and Chairman and a director of Canada Energy Partners. John received the designation of Chartered Director (CDir) from McMaster University, Directors College, Michael G. DeGroote School of Business.

Bruce McIntyre , , PGeol , , Executive Director

Bruce McIntyre is a professional geologist with over 32 years of oil and gas experience and has a proven track record of finding quality oil and gas reserves. Bruce has been a consultant since 2007 with respect to the development and operation of producing natural gas companies in both the public and private sectors. Bruce currently serves as a director of Hemisphere Energy Corporation, a TSX-V listed company. Since October 2010 Bruce has been the President & CEO of Nickel Oil & Gas Corp., a private British Columbia company with oil and gas interests in Alberta. From 2004 to 2007 Bruce was the President & CEO of Sebring Energy Inc., a private Alberta-based exploration and production company that was sold to Cordero Energy in July 2007. Bruce was also President and co-founder of Sommer Energy; President & CEO of TriQuest; Founder, President & CEO of BXL Energy; Exploration Manager for Gascan Resources; and a Geologist for Star Oil and Gas, Tricentrol Oils Limited and Union Oil Company of Canada. Bruce holds a Bachelor of Science (Honours) degree in Geology from Carleton University. Bruce was the President of the Canadian Society of Petroleum Geologists in 2002, a member of the American Association of Petroleum Geologist and has a Professional Geologist designation with the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

Chris Bush , , BE (Chem) (Hons) , , New Zealand Country Manager

Chris Bush is an experienced oil and gas professional with more than 30 years of experience in both upstream and downstream sectors, including roles in New Zealand, Australia, Canada and the United States. As NZEC’s New Zealand Country Manager, Chris will oversee all aspects of the Company’s in-country activities, including government and community relations, production activities, acquisition/partnership opportunities, and integration of the Petroleum Licenses and Waihapa Production Station that NZEC has agreed to acquire from Origin Energy. Chris holds a Bachelor of Chemical Engineering (Honours) degree from the University of Canterbury in New Zealand and a Certificate in Finance and Accounting from Rice University in Houston, USA. Prior to joining NZEC he was employed by Origin Energy as New Zealand Country Manager/Director, where he was responsible for the establishment of Origin’s oil and gas business in New Zealand including the Kupe, Rimu, Ahuroa Gas Storage and TAWN assets. Chris is a member of the Institute of Directors (New Zealand) and is Chairman of the Petroleum Exploration and Producers Association of New Zealand (PEPANZ).

Ian Brown , , BSc (Hons), MPhil, DEng, CPEng, MIPENZ , , Chief Operating Officer

Ian Brown has been the Chief Operating Officer of NZEC since March 2011. Since 1985 he directed Ian R. Brown Associates Limited, a geological engineering consulting company with offices in Wellington, New Zealand and Vancouver, Canada. Ian has been involved with resource investigation and development activities as a consultant for a number of resource companies in New Zealand. Ian is a graduate of the University of Canterbury and University of Auckland, New Zealand, as well as the University of California at Berkeley. He is a chartered professional engineer and a member of the Institution of Professional Engineers, New Zealand.

Chris Ferguson , , BMS, CA , , Chief Financial Officer

Chris Ferguson is a Chartered Accountant and experienced finance professional and with 18 years of financial, accounting and operational experience in both the New Zealand public and private sectors. As NZEC’s Chief Financial Officer, Chris will oversee the finance, accounting, administration and risk management functions. Chris has extensive oil and gas experience within New Zealand’s Taranaki Basin, having held senior financial positions over the past 13 years with both local and international exploration and production companies. Chris' extensive operating knowledge of Taranaki oil and gas assets is complemented with a strong financial background that includes New Zealand statutory reporting, SEC reporting requirements, SOX 404 compliance, systems implementation and execution and leadership of finance and accounting teams. Previously he held the role of Finance and Planning Manager with Origin Energy New Zealand, overseeing the financial integration of the TAWN and Rimu/Kauri oil and gas assets acquired from Swift Energy and the transition to operations of the Kupe Gas Field. Chris holds a Bachelor of Management Studies degree from the University of Waikato in New Zealand and is a member of the New Zealand Institute of Chartered Accountants.

Gerrie van der Westhuizen , , CA , , Vice President Finance

Gerrie van der Westhuizen oversees the Company’s regulatory financial reporting and maintains the appropriate internal controls over financial reporting. In addition, Gerrie assists the New Zealand operations team on matters related to corporate finance, treasury management, the implementation of the appropriate enterprise resource planning (“ERP”) software and enhancing various business process controls. Gerrie is a Chartered Accountant, designated in Canada and South Africa, with considerable experience in the natural resource industry, having been involved with organizations producing base, precious and alternative metals and minerals. Gerrie has held progressively senior positions within public accounting and industry and garnered significant experience in statutory reporting, including executing multiple IFRS conversion projects and championing SOX404 initiatives, equity offerings and IPOs. He has also been responsible for treasury management within complex debt structures and has managed multi-jurisdictional tax compliance and the implementation of fully integrated multi-currency ERP systems.

Celeste Curran , , LLB, BA (Hons) , , Vice President Corporate & Legal Affairs

Celeste Curran manages the Canadian and international legal affairs of public and private companies as an employee of J. Proust & Associates, a public company management and venture capital company. She also manages the international legal affairs for Southern Arc Minerals, an Indonesian focused mineral exploration company listed on the TSX-V. Celeste has over 20 years of experience as a major projects lawyer, advising on real estate and major event projects in British Columbia. From 1998 to 2007, she was lead counsel for the City of Vancouver, and provided legal advice on the 2010 Olympic and Paralympic Winter Games to the Resort Municipality of Whistler. From 2007 to 2010, she provided legal advice to the City of Richmond on the 2010 Winter Games and a wide variety of municipal, real estate and regulatory matters. Celeste is a graduate of Queens University, Ontario, where she completed a Bachelor of Arts (Honours) degree and a graduate of the University of Victoria, British Columbia, where she completed a Bachelor of Laws degree. Ms. Curran was called to the bar in British Columbia in 1989. She is currently a non-practicing member of the British Columbia Law Society.

Rhylin Bailie , , BES , , Vice President Communications & Investor Relations

Rhylin Bailie manages the communications and investor relations programs for a number of public companies including Southern Arc Minerals, an Indonesian-focused mineral exploration company listed on the TSX-V, as an employee of J. Proust & Associates, a public company management and venture capital company. Rhylin has nearly 16 years of experience in the resource sector and brings a diverse skill set to her investor relations position. From 1995 to 2006 she was part of Placer Dome’s Finance group and managed the back office of Placer Dome’s Treasury department. She joined the investor relations team at NovaGold Resources in 2006 and assumed full responsibility for NovaGold’s investor relations and communications program in early 2010. Rhylin has also worked as a freelance editor and writer for 10 years, editing mostly academic textbooks and providing investor relations consulting and writing services to smaller resource companies. She used her environmental background to introduce a number of green initiatives at NovaGold, including a head office health and safety program, a formal corporate sustainability program and comprehensive sustainability reporting. Rhylin is a graduate of the University of Waterloo, Ontario, where she completed a Bachelor of Environmental Studies degree with a double major in Resource Studies and Biology and a minor in English. She is a Board member of the Canadian Investor Relations Institute, British Columbia Chapter.

Mike Oakes , , , General Manager Midstream Operations

Mike Oakes has worked in the oil and gas industry for 33 years in Canada, Brunei, Australia and New Zealand. Commencing his career as a field technician in New Zealand, he has advanced to hold various operational, technical, safety and management positions within exploration and production companies. Mike's vast experience and technical background has resulted in him overseeing design, commissioning and startup of four oil and gas production facilities. During his three years in Canada, Mike was involved with acquisitions and mergers, and developing strategies for development of marginal oil and gas plays. Following Canada, Mike moved to Brunei where he formed his own consultancy company working for French exploration and production company Giant Total, where he was responsible for commissioning, production and engineering for the Maharaja offshore and onshore facilities. After completing six years in Brunei, Mike returned to New Zealand to work for Origin Energy as Operations Manager and Asset Manager overseeing the development and operation of Origin's oil and gas assets and production facilities in New Zealand. As General Manager Midstream Operations for NZEC, Mike will be responsible for all producing wells and operation of the Waihapa Production Station. He is also a board member of the Petroleum Skills Association of NZ (PSANZ).

Cliff Butchko , , PEng, MBA , , General Manager Upstream Operations

Cliff Butchko is a professional engineer with over 30 years of oil and gas experience. Most recently he has provided technical consulting services and business advice to oil and gas companies, as well as other energy-related and resource-based companies, through Butchko Resource Management and TIFF Business Advisory Group. As a result of his technical and business background, Cliff has been involved in various corporate level projects relating to large financings, mergers and acquisitions. He also founded and owns his own producing oil and gas company, Omni Oil and Gas Inc. After university, Cliff spent 15 years with Chevron in a number of technical and business-related positions, including field operations, reservoir/exploitation engineering, special projects, regulatory representative, marketing, major contract negotiations, recruiting and business group advisory roles. He then joined Eurogas Corp., an international energy company, where he was responsible for all domestic production as well as significant projects in Russia, Tunisia and Spain. He then co-founded a private oil and gas company, Lexoil Inc., in which he was responsible for almost every aspect of running the company, including Board responsibilities. Cliff also worked with another junior, Chariot Energy, and was responsible for all aspects of field operations, drilling, production, forecasting, identification and exploitation of reservoirs, and oil and gas marketing. Cliff completed his Mechanical Engineering studies (University of Saskatchewan) and subsequently obtained his Master of Business Administration Degree (Honours) from Queen’s University. He is an active member of, and holds a Professional Engineering designation with, the Association of Professional Engineers, Geologists and Geophysicists of Alberta.

Eileen Au , , BSc , , Corporate Secretary

Eileen Au currently serves as Corporate Secretary to various public and private companies as an employee of J. Proust & Associates, a public company management and venture capital company. Eileen worked in the capital markets in Asia for more than 10 years, beginning her career at an international brokerage firm before moving to regional Asian firms. She is currently the Corporate Secretary of Canada Energy Partners and Southern Arc Minerals, both TSX-V listed companies. She is also a Director of Bryant Resources and Charlotte Resources, both Canadian National Stock Exchange listed companies. Eileen holds a Bachelor of Science degree from Acadia University.

Thumb Date Download Description

October 31, 2011 Why New Zealand Despite its highly prospective geology and numerous oil and gas seeps, New Zealand remains largely underexplored and offers a unique opportunity to develop world-class hydrocarbon resources in a geopolitically stable region. Learn more.

October 30, 2011 Taranaki Basin NZEC has four producing wells in the Taranaki Basin and plans to close a strategic acquisition and drill additional wells in 2013. Learn more.

October 29, 2011 East Coast Basin NZEC achieved early entry into an almost completely unexplored area with vast resource potential and enormous oil shale beds up to 600 metres thick. Learn more.