Directorate Change

RNS Number : 6123Z

Global Petroleum Ltd

10 February 2014

 



10 February 2014

Global Petroleum Limited

Appointment of Non-Executive Chairman

The Board of Global Petroleum Limited (AIM: GBP, ASX: GBP), the oil and gas exploration company presently focused on emerging plays in Africa and the Mediterranean, is pleased to announce that Mr. John Alexander van der Welle has been appointed to the Board of Directors as non-executive Chairman with immediate effect. 

John van der Welle, (aged 58) is a chartered accountant with 30 years' experience in the oil and gas industry and is currently a non-executive director of AIM listed exploration companies Hurricane Energy plc and Lekoil Limited.  John has previously been a senior executive with, or director of, a number of UK listed upstream oil and gas companies - Enterprise Oil, Hardy Oil and Gas, Premier Oil, First Calgary Petroleums and Stratic Energy Corp.  John was also a non-executive director of Madagascar Oil from its IPO on AIM in 2010 until December 2012.

Mr Peter Taylor, who has been acting non-executive Chairman, will now resume his role of non-executive director. 

Peter Taylor commented, "John's appointment is good news for us and our shareholders.  His long experience in both an executive and non-executive capacity in the international oil and gas industry means that he will make an immediate and material contribution to the Company.  I am delighted to welcome him as Chairman.  "

For further information, please visit www.globalpetroleum.com.au or contact:

Global Petroleum Limited
Peter Hill, Managing Director & CEO Damien Cronin, Company Secretary	[phone] [phone]
RFC Ambrian Limited (Nominated Adviser & Joint Broker)
Sarah Wharry	[phone]
FirstEnergy Capital LLP (Joint Broker)
Hugh Sanderson / Travis Inlow	[phone]
Tavistock Communications (Financial PR & IR)
Simon Hudson / Ed Portman	[phone]

Mr van der Welle holds, or has held in the past five years, the following directorships or partnerships:

Current:

Lekoil Limited

Hurricane Energy plc

Northlands Advisory Services Limited

Past:

Madagascar Oil Limited

Groundstar Resources Limited

Stratic Energy Corporation

Stratic Energy (North Sea) Limited

Stratic Energy (UK) Limited

Stratic Energy UK Holdings Limited

Stratic Energy (Developments) Holdings Limited

Stratic Energy (Developments) Limited

Stratic Exploration (Syria) Limited

Grove Energy (Romania) Limited

Grove Energy (Southern North Sea) Limited

The information detailed above is disclosed in accordance with Rule 17 and Schedule Two (g) of the AIM Rules for Companies.  Except for the information disclosed in this announcement, there is no other information which falls to be disclosed under these rules.

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