MTA Matra

TIDMMTA

RNS Number : 3251D

Matra Petroleum PLC

15 May 2012

15 May 2012

Matra Petroleum plc

("Matra" or the "Company")

Resignation of Director

Matra, the independent oil and gas exploration and production Company with operations in Russia, announces that Neil Hodgson, Exploration Director, has confirmed his intention to resign from the Board and to leave the Company. This will become effective on 31 May, 2012.

Peter Hind, Managing Director commented:

"It's sad to see Neil leaving the Company after six years as a valued member of the team. As Exploration Director, Neil played a key role in the discovery of the Sokolovskoe field. The board wishes to express its sincere gratitude for his tireless effort and contribution to Matra. We wish him well in the next phase of his career."

The company is currently considering its senior management organisation and will announce appointments as they are confirmed.

For further information, please contact:

 
Matra Petroleum plc                www.matrapetroleum.com 
 
Peter Hind, Managing Director      +44 (0) 7990 807 855 
 
 
 
Fox-Davies Capital Limited 
 Barry Saint (nominated adviser)   +44 (0) 203 463 5010 
Daniel Fox-Davies/ Richard Hail 
Pelham Bell Pottinger 
Henry Lerwill                      +44 (0) 20 7861 3169 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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