Print   



Mediterranean Oil & Gas Plc 

('the Company')

30 June 2009

Director Appointment and Updated Presentation

Finance Director Appointment

The Board of Mediterranean Oil & Gas Plc (AIM: MOG) is pleased to announce to announce Mr Christopher David Kelsall, aged 42, has accepted appointment to the Company's board of directors as finance director, based in London, with effect from 1 July 2009.

Mr Kelsall holds degrees in law and economics from the University of Western Australia and a Diploma in Applied Finance and Investment from the Securities Institute of Australia. He has spent the last 14 years involved in the investment banking sector. Prior to becoming an investment banker he practised as a solicitor with a leading Australian commercial law firm. 

Mr Kelsall's was previously a Director, Equity Capital Markets with Deutsche Bank in Hong Kong and prior to that was an Associate Director with ABN Amro Rothschild based in London. He brings to the Company extensive international capital markets experience in developed and emerging markets. He will strengthen the Company's executive management team as we approach the development of the Company's 100% owned Ombrina Mare oil and gas field.

Christopher Kelsall does not hold any interest in the Company's share capital. There is no further information to be disclosed in respect of Christopher Kelsall under schedule 2(g) and Rule 17 of the AIM Rules.

Presentation

In advance of today's Annual General Meeting, the Company's updated presentation has been loaded on to the investor relations/presentations section of the Company's website (www.medoilgas.com).

Michael Bonte-Friedheim, the Company's Chairman stated:

'We are extremely happy to have attracted a person of Chris' calibre to the board of directors.  He will provide an important contribution to the Company's financial management, banking relationships and investor interaction.  In particular, I look forward to his involvement in the financial structuring of the Ombrina Mare development programme.'

Enquiries:

Mediterranean Oil & Gas Plc

Sergio Morandi, CEO                             Tel: +39 0668 8941

Tony Trevisan, Executive Director         Tel: +44 790 162 4290

WH Ireland Limited

David Porter / Sarang Shah                   Tel: +44 (0) 20 7220 1666

Tristone Capital Limited

Nick Morgan                                           Tel: +44 (0) 20 7355 5800

www.medoilgas.com

ENDMSCVBLBXKQBXBBF