Transerv Energy Limited announced changes to the Board of Directors, effective immediately: Mr. Craig Burton has joined the board as Executive Chairman, Mr. Ian Cockerill has joined the board as an Executive Director, Mr. Stephen Keenihan will relinquish the role of Managing Director but remain as an Executive Director, Mr. William Bloking has resigned as Non-Executive Chairman but will continue as a Non-Executive Director and Mr. Brett Mitchell has resigned as a Non-Executive Director of the company. Craig Burton is a well-known entrepreneur in the resources sector with 30 years' industry experience. He is the large shareholder of Transerv Energy Limited.

Ian Cockerill is a petroleum geologist and geophysicist with 20 years' industry experience. He has previously worked for Hunt Oil and Apache Energy.