Petsec Energy Ltd. announced the appointment of Mr. Richard Smith as Chief Executive Officer of the company's U.S. subsidiary, Petsec Energy Inc. (PEI), effective March 3, 2014. He will lead the North American exploration and production team whose senior officers are Mr. Ross Keogh, President and Group CFO, and Mr. Ron Krenzke, Vice President of Exploration. Mr. Smith will be primarily based in office in Houston, Texas, USA where he will be responsible for all aspects of the company's E&P business in North America.

Mr. Smith has over 35 years experience in a wide variety of senior exploration and production roles predominantly with U.S.