Enwell Energy plc announced certain changes to the Board of Directors of the Company. With immediate effect, Mr. Dmitry Sazonenko has stepped down as a Non-Executive Director of the Company, and Dr. Gehrig Schultz has joined the Board as a Non-Executive Director of the Company. Dr. Schultz is a geophysicist with extensive experience in the global oil and gas industry.

He commenced his career in South America, with management roles with Western Geophysical Inc. and Grant Geophysical Inc., before joining PGS Onshore Inc. to assist with the development of its geophysical business worldwide. He was then Chairman and Chief Executive Officer of Prospectiuni S.A. and Chairman of Tender Oil & Gas Limited, before founding Surus Geophysical B.V. to provide geophysical consulting services. He joined EPI Limited in 2018 as Chief Operating Officer of Geoscience, and currently leads the geoscience division.

Dr. Schultz is a member of the European Association of Geophysical Engineers, and of the Executive Coordinating Committee of the Continental European Energy Council, and has a BSc in Geophysical Engineering from the Colorado School of Mines, and a PhD in Geophysics from the University of Bucharest.