People | People-Resignation | People-Promotion

Bennett Retires from PetroFrontier

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PetroFrontier Corp. announces that Mr. Paul Bennett, its President and Chief Executive Officer, who has served the Corporation since its inception in early 2009, has decided to retire from those positions effective October 31, 2013.

Mr. Bennett will also be leaving the Board of Directors of PetroFrontier, but has agreed to consult to PetroFrontier until June 30, 2014.

Robert Iverach, Q.C., Chairman of the Board, said, "On behalf of my fellow directors, I would like to recognize Paul for his valuable contribution to PetroFrontier and his service to its employees and shareholders.

Paul's breadth of knowledge and experience have been exceptional contributions both to PetroFrontier and to the advancement of exploration in the Southern Georgina Basin of the Northern Territory, Australia. The Board of Directors respects Paul's decision to retire and sincerely thanks him for his loyal service. We wish him all the best in his retirement."

PetroFrontier also announces that Mr. Earl Scott, its Chief Operating Officer, has been promoted to President and Chief Executive Officer effective upon Mr. Bennett's retirement. Mr. Scott will also join the Board of Directors. Mr. Scott, a professional engineer, has been with PetroFrontier since February 2012 and until its recent closing, headed the Corporation's operating office in Adelaide, Australia.

Mr. Iverach said, "We are pleased to welcome Earl as our new President and Chief Executive Officer.

Earl is completely conversant with our Australian operations and with PetroFrontier's joint venture partner, Statoil Australia Theta B.V. He has broad experience in the oil and gas industry and most recently has proven strong leadership in project delivery during his time with PetroFrontier. He will serve the interests of PetroFrontier and its shareholders very well."