Decklar Resources Inc. announce the appointment of Mr. Oluwasanmi Famuyide to the role of Chief Executive Officer (“CEO”) of the Company. Mr. Duncan Blount has stepped down as CEO but will remain on Decklar's Board of Directors as an independent non-executive director. Mr. Famuyide has over 20 years of experience structuring and executing on oil, gas and infrastructure transactions across Africa.

He has worked as Managing Director of Decklar Petroleum (Nigeria) Limited since its founding, where he led the asset acquisition transactions resulting in the Company's current portfolio of three risk service assets in Nigeria. Sanmi has performed the role of asset manager and has been directly involved in and responsible for key stakeholder engagements. His previous roles include Head of Business Development at Lekoil Limited, Head of Investment Banking Coverage at FBN Capital and Head of Oil & Gas – Marginal Fields and Independents at Guaranty Trust Bank.

Mr. Famuyide has an MSc in Applied Environmental Economics from the Imperial College London, and a BSc in Chemical Engineering from the University of Lagos. Confirmation of Mr. Famuyide's appointment is subject to TSX-V approval.