JERSEY, Dec. 1 /CNW/ - PetroKamchatka Plc ("PetroKamchatka" or the "Corporation") a Jersey company, announces that Mr. Robert McClinton, a Director of the Corporation, has submitted his resignation from the board for personal reasons. The Corporation will continue with five remaining Directors. Mr. McClinton's positions on the Corporation's audit and compensation committees will be filled by existing Directors.
The Corporation thanks Mr. McClinton for his significant contributions to the company as a Director since November 2008 and previously as CFO to October 2008. Mr. McClinton has offered his services and help in the future as may be required on an advisory basis.
PetroKamchatka is an international junior oil exploration company incorporated in the Bailiwick of Jersey with core properties located in the Kamchatka Peninsula of the Russian Federation. For further information, please visit the PetroKamchatka Plc website at www.petrokamchatka.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information: For further information:
President and Chief Executive Officer
St. Helier, Jersey,
Tel: +44 7733 363 016 or +1 403 630 2367
Vice President, Corporate Planning
c/o 1000, 505 - 3rd Street S.W.
Calgary, Alberta, Canada T2P 3E6
Tel: +1 403 984 5132
Cell: +1 403 690 6230
Balearic Islands, Spain
Tel: +34 699 530 180 or +44 7767 312 800