Sterling Energy plc announced the following Board Changes with immediate effect. The company announced the appointments of Mr. Jeffrey MacDonald as Independent Non-Executive Chairman and Mr. Gavin Wilson as Non-Executive Director. The incoming Directors replace outgoing Non-Executive Chairman Michael Kroupeev and Non-Executive Directors Leo Koot and Ilya Belyaev, as per the orderly transition previously alluded to in recent market updates. Jeffrey MacDonald was a former managing director with private equity firm, First Reserve, with responsibility for investment origination, structuring, execution, monitoring and exit strategy, with particular emphasis on the oil and gas sector. Gavin Wilson has held the position of Investment Director at Meridian Capital Limited, a Hong Kong based international investment firm, for over a decade, managing an Oil & Gas portfolio focused on world-class assets in emerging markets.