Petro Basin Energy Corp. announced that Jerry Plummer and T. Arden McCracken have resigned as directors of Petro Basin effective February 2, 2012 to pursue other opportunities. Desmond M. Balakrishnan and Richard S. Buski were appointed as directors of Petro Basin effective February 3, 2012. Mr. Buski was also appointed as a member and Chairman of the audit committee on February 3, 2012. Mr. Balakrishnan is a lawyer and has practiced law as a partner at a national law firm since February 2002. Mr. Buski has been a Chartered Accountant since 1972 and worked for Pricewaterhouse Coopers since 1967, until his retirement in 2004.