Whitebark Energy Limited (company) provided an update on the Saltbush Energy Ltd. ("Saltbush Energy") bid process and advised of the appointment of Dr. Simon Brealey to the position of interim Chief Executive Officer of the company. The Company has appointed Dr. Simon Brealey as interim Chief Executive Officer to progress the acquisition of Wizard Lake via Saltbush Energy, to plan for the future of Wizard Lake and to seek further opportunities for Whitebark. Dr. Brealey has over 30 years of experience in onshore and unconventional oil and gas asset exploration and development with companies including Amoco Limited, Santos Limited, Beach Energy Limited and Cooper Energy Limited in Australia, Europe, Asia, and Africa. He was most recently Head of New Ventures at Bass Oil Limited and holds a Ph.D. in oil field geology from the University College, University of London.