East West Petroleum Corp. announced that it has accepted the resignation of Mr. Nick DeMare as CFO of the company and appointed Mr. Harvey Lim as interim CFO in his stead. Mr. DeMare will remain as interim CEO and Corporate Secretary of the Company.

Mr. Lim holds a Bachelor of Commerce degree from the University of British Columbia and is a member in good standing of the Institute of Chartered Professional Accountants of British Columbia. Mr. Lim has previously worked for Coopers & Lybrand (PricewaterhouseCoopers LLP) and Ingot Management Ltd. Since 1991, Mr. Lim has held the position of controller for Chase Management Ltd. Mr. Lim also serves as officer and/or director of other public-listed companies.