Petsec Energy Ltd. announced the appointment of Mr. Barry Dawes and Mr. Francis Douglas QC, as non-executive directors to the Board of the Company, effective immediately. Barry Dawes is a graduate of Sydney University in Geology with studies in Economics and Geography at ANU and has over 40 years' experience in the resources investment sector. Barry has worked in senior executive roles in investment management with BT Australia, equities research for Deutsche Bank and equities research and corporate finance for Macquarie Bank. He is the founder and principal of Martin Place Securities, a specialised small cap resources stock broking firm set up in 2000, and has been a long term supporter of the Company.