Last checked at 6 Jun 2008 07:00
6 June 2008
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
The Board of Global Petroleum Limited ("the Company") is pleased to announce that Mr Shane Cranswick has been appointed as non-executive Director of the Company with immediate effect.
Mr Cranswick, aged 29, is a member of the Institute of Chartered Accountants, the Institute of Chartered Secretaries and the Financial Services Institute of Australasia. He commenced his career with an international Chartered Accounting firm and has since worked in the role of Company Secretary and Chief Financial Officer for a number of listed companies that operate in the resources sector.
Mr Cranswick's current directorships comprise:
Black Swan Capital Pty Ltd
Black Swan Superannuation Pty Ltd
Dampier Oil Limited
Echelon (Iron Ore) Pty Ltd
Echelon Holdings Pty Ltd
Garden Salad Pty Ltd
Latitude Energy Pty Ltd
Sherbert Investments Pty Ltd
Mr Cranswick's directorships in the last five years comprise:
Montage Petroleum Pty Ltd
Ashmore Oil Pty Ltd
Eclipse Mining Pty Ltd
Mantra Resources Limited
PEL Iron Ore Pty Ltd
STI Services Pty Ltd
Stirling Products Limited
West Oil (Carnarvon) Pty Ltd
ZOCA Pty Ltd
Mr Cranswick will continue in the role of Company Secretary for the Company.
Save for the above, there is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules.
Mr Cranswick has notified the Company that he has an interest in 110,000 ordinary shares in the Company. His interest is held through Black Swan Superannuation Pty Ltd as trustee for Black Swan Superannuation Fund of which Mr Cranswick is a director and beneficiary.
Enquiries:
| Global Petroleum Limited | Tel | +1505 344 2822 |
| Mark Savage, Chairman | Fax | +1505 344 2922 |
| | marksavage@comcast.net | |
| Blue Oar Securities Plc (Nominated Adviser and Broker) | Tel | 020 7418 4400 |
| Rhod Cruwys/Jerry Keen |
|