Iona Energy Inc. announced that Mr. Iain McKendrick has joined the company as Executive Chairman and Mr. Tom Reynolds has joined the company as Chief Executive Officer and President. Mr. McKendrick and Mr. Reynolds have been appointed to the company's board of directors. Mr. McKendrick has spent his entire career in the oil and gas industry, including experience with the Wood Group and with the Total S.A. group of companies in London, Aberdeen, Colombia and Houston.

During his career, Mr. McKendrick has worked closely with technical, financial and commercial people with the purpose of executing and delivering on development and production enhancement projects. Most recently, Mr. McKendrick acted as Chief Executive Officer of Ithaca Energy Inc. Mr. Reynolds has over 20 years' experience in the energy sector, including executive level experience with North Sea focused exploration and production companies and with energy-focused investment firms. Mr. Reynolds has held positions with BP plc, Total S.A., and British Nuclear Fuels plc. Most recently, Mr. Reynolds acted as Chief Executive Officer of Bridge Energy ASA.

Mr. Neill Carson is no longer Chief Executive Officer and President effective September 1, 2014 and has left the company in order to pursue new business opportunities.