PetroNeft Resources plc announced the selection and appointment of a new Chief Executive Officer. Mr. David Sturt, who has been a Non-Executive Director of the Company since 2016 will become CEO with effect from 25 March 2019. Karl Johnson, VP of Operations, will continue as Interim CEO. David has over 35 years of international experience in the upstream oil and gas industry gained working on projects in Europe, CIS, Africa, South America and SE Asia. Since 2012 David has been a Senior Vice President with Azimuth Limited, he is currently also a Non-Executive director of Petrosibir AB.