New Standard Energy Limited announced that H.C. Kip Ferguson III has been appointed as a Non-Executive Director of the Company. Mr. Ferguson brings to New Standard and its Board of Directors more than 24 years of onshore exploration and development experience in several major United States oil and gas basins. He is also currently the Executive Vice President of Exploration at Magnum Hunter Resources Corporation.

Mr. Ferguson is joining the Company during a transition period as Dr. Mark Hagan has expressed his desire to step-back from his role as a Non-Executive Director. The Board accepted the resignation of Dr. Hagan, who indicated some time ago his desire to spend more quality time with his family.