NUOG.L Regulatory News (NUOG)

15 May 2009 07:00



15 May 2009

Enegi Oil Plc 

('Enegi' or 'the Company') 

Board changes 

Enegi, the western Newfoundland focused oil and gas company, today announces changes to its board structure. 

Thom Board, Chief Executive Officer, has resigned from the position with immediate effect for personal reasons. In the interim, Alan Minty, the Chairman and former Chief Executive Officer, will take over Thom's duties in addition to his own until a suitable replacement is found.

Alan Minty, Executive Chairman & Chief Executive Officer of Enegi, said: 

"I would like to thank Thom for his contribution to the business both during his time as CEO and prior to joining the Board. We would like to take this opportunity to wish him well in all his future endeavours."

www.enegioil.com

The Company

The Company Enegi Oil Plc is an independent oil and gas group whose objective is the identification, development and operation of hydrocarbon opportunities. The Group's current operations are focused on assets on and around the Port au Port Peninsula in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having previously been discovered there. The Group's assets include a proven discovery, Garden Hill South, and four prospects: Shoal Point, Garden Hill Central, Garden Hill North and Lourdes.