Sagalio Energy Limited appointed Mr. Zhang Baoliang as an executive director with effect from April 13, 2017. Dr. Louis Yang CEO of the company will also replace Mr. Harry King as chairman to the board. While Mr. King has resigned from the position of non-executive director and chairman of the board of the company to pursue other business interest. Mr. Zhang has over 10 year of experience in conventional oil gas and exploration and development and over 5 years of experience in conventional oil gas and exploration and development. Mr. Zhang has taken the position of general manager of PEI LLC.