Border Petroleum Limited announced that Steve Thompson, Chief Operating Officer is no longer with the corporation as Chief Operating Officer on a full time basis. Mr. Thompson will continue to serve in the COO position without compensation for an undetermined period of time to complete the closing of the second asset sale described above. Mr. Thompson will also remain on the Board of Directors of Border as it continues to review alternatives with a view to maximizing shareholder value, having now implemented an improved capital structure on March 24, 2014.