Riverstone Energy Limited announced that Sir Robert Wilson, Chairman of the board of directors of the Company has notified the Company that he does not intend to offer himself for re-election to the Board at its forthcoming annual general meeting on 19 May 2016. Sir Robert will accordingly step down from the Board at the conclusion of the meeting, though he will continue as an advisor to REL. James Hackett has also notified the Company that he does not intend to offer himself for re-election to the Board but he will continue in his roles as a Partner of Riverstone Holdings LLC and a member of its investment committee.

Sir Robert will be succeeded as Chairman by Richard Hayden, who has served on the Board since the Company's IPO in 2013 and is currently the Company's Senior Independent Director and Chair of the Company's Audit Committee. Richard Hayden will also succeed Sir Robert as Chairman of the Company's Nominations Committee and Management Engagement Committee. Patrick Firth will replace Richard Hayden as Chair of the Audit Committee and as the Company's Senior Independent Director.