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Cap Energy Ltd (CAPP)

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Thursday 03 May, 2012

Cap Energy Ltd

Restoration of Trading

                                                                                                     3 May 2012
                                              CAP ENERGY LIMITED
                                           ("Cap" or the "Company")

                                            Restoration of Trading

Cap are pleased to announce that dealings in the 39,759,867 ordinary shares of 0.5p each ("Ordinary Shares") in
the Company will commence on the PLUS-quoted Market today.

John Killer and Clair Opsal have resigned as directors of the Company and I have become non-executive Chairman.
Lina  Haidar and Patrick (Pat) Rocholl have today been appointed as, respectively, Chief Executive Officer  and
Chief Financial Officer.

Lina  is  a  Nigerian citizen, with an extensive portfolio of business and charitable interests. In  1991,  Ms.
Haidar  founded  OEP  Nigeria  Ltd  ("OEP"), a company which is now  a  leading  provider  of  turnkey  office,
residential  accommodation  and housing development solutions in Nigeria. OEP's clients  include  the  Nigerian
government, blue chip companies in the oil and gas, construction and communications sectors and high net  worth
families.  From 2004 to 2011, Ms. Haidar was responsible for financial and corporate affairs at GMT Limited,  a
company  which she co-founded and which provides IT solutions and logistics throughout West Africa.  Ms  Haidar
graduated from the University of Monaco with an MBA in 2007. Ms. Haidar is an active supporter of charities and
is currently the ambassador of the Monaco and France division of the Wellbeing Foundation Africa. Ms. Haidar is
also the sole director of Global Trade Energy Limited ("GET").

Pat  has  extensive  experience in operational financial and commercial roles within the oil  and  gas  sector,
extending to corporate advisory roles in Mergers and Acquisitions.  Pat was Finance Director at Chariot  Oil  &
Gas  Limited  in  the run up to that company's AIM flotation in May 2008 and was responsible for  managing  the
delivery of its work programme on a timely and innovative basis and significantly within budget. From  2006  to
2007  Pat was the Director responsible for Mergers and Acquisitions at Calash Limited after an extended  career
in senior finance positions at both Schlumberger and Halliburton. Pat is also currently a director of Pygmalion
Consulting Limited, Hicog Energy Limited and Giles Rocholl Photography Ltd.

Lina Haidar and Pat Rocholl are shareholders in GET, which holds 30,000,000 Ordinary Shares representing 75.45%
of  the  issued  share  capital of the Company. Tim Hearley is interested in 447,250  Ordinary  Shares  in  the

No  additional information relating to Lina Haidar or Pat Rocholl falls to be disclosed pursuant to Rule 71 and
paragraph 18 of Appendix 1 of the PLUS Rules for Issuers.

Cap is now an investment vehicle with an investment strategy that will focus on the oil and gas exploration and
production  sector,  predominantly in Sub-Saharan Africa. The Directors believe that Sub-Saharan  Africa  is  a
particularly promising area for hydrocarbon prospecting and that the relatively low cost of acquiring  licences
in  the region and its geology make the region an attractive investment proposition. Furthermore, the Directors
believe that their experience across a wide range of industries in the region, particularly in the oil and  gas
sector, will enable them to identify appropriate investment opportunities for the Company.

Investments  will  be strictly determined by criteria including, inter alia, a stable economy,  the  prevailing
rule of law, minimal regulations regarding the export of capital and no currency constraints. The business  (or
businesses) which the Company invests in or acquires will, it is envisaged, meet certain conditions which, the
Directors believe, will best position the Company to maximise shareholder value.

The Directors of the Company are responsible for the contents of this announcement.

Contact details:

Cap Energy Limited
Tim Hearley, Non-executive Chairman
Tel: +44 (0) 7850 390 998

Pat Rocholl, Chief Financial Offier
Tel: +44 (0) 7765 257 063

St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Tel: +44 (0) 20 7368 6959

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