Barryroe Offshore Energy announced that James Menton will step down as a Director and Chair of the Board effective and in line with the market update provided at the end of August (RNS of 25th August). The search for a replacement is ongoing and a number of strong candidates have been identified and approached. The Board is confident that a successor will be announced in due course.

In the interim period Peter Newman, senior independent non-executive Director, has agreed to undertake the role of Chairman. Barryroe Offshore Energy also announces that Colin Christie is joining the team as Corporate Finance Advisor. Colin brings a 37 year career in senior finance roles in oil and gas and utilities across Europe, North America and the Middle East for both listed and private companies.

Colin's expertise will be very important as Barryroe Offshore Energy progresses its plans for the Barryroe oil and gas field.