Board re-organisation

29th May 2014

Petrel Resources plc

("Petrel" or the "Company")

Board re-organisation

David Horgan will be stepping aside from his role as Managing Director of the Company for the time being to focus on bringing the Ghanaian dispute to a successful resolution. He will remain a Director with John Teeling, Executive Chairman, managing the day to day operations.

ENDS

Enquiries:

Petrel Resources Plc

John Teeling, Executive Chairman +353 (0)1 833 2833

Jim Finn, Secretary +353 (0)1 833 2833

Northland Capital Partners Limited

John Howes / Alice Lane + 44 (0)20 7382 1100

Edward Hutton / Gavin Burnell

Blytheweigh +44 (0) 207 138 3204

Tim Blythe +44 (0) 781 692 4626

Eleanor Parry +44 (0) 755 129 3620

Halimah Hussain +44 (0) 772 597 8141

Pembroke Communications

Natalie Tennyson +353 (0) 1 649 6340

www.petrelresources.com