Sacgasco Limited announce that it has appointed Kane Marshall as Managing Director of the Company. Kane has over 20 years' experience in various roles as a director, geologist, engineer and company builder. He currently advises several resource companies on new venture transactions and funding.

He is currently the Non-Executive Chairman of NSX listed diamond explorer Consolidated Africa Limited and prior to that held various senior roles with ASX listed oil and gas companies including Chief Operating Officer of Bounty Oil and Gas NL, Managing Director of Key Petroleum Limited and Non-Executive Director of Hawkley Oil and Gas. His diverse experience base includes technical and managerial roles with private equity, junior and major oil companies. Mr. Marshall holds academic qualifications which include a Master of Petroleum Engineering from Curtin University, Bachelor of Science (Petroleum Geology) from the University of Western Australia and a Bachelor of Commerce (Investment Finance and Corporate Finance) from the University of Western Australia.

Former Managing Director Gary Jeffery will assume the role of non-executive technical director. The remuneration for Mr. Marshall will be $300,000 pa plus superannuation and the executive appointment is subject to 3 months termination notice by either party.