Victoria Oil & Gas Plc announced that it has appointed Mr. Roy Kelly, to the Board of Directors of the company as Chief Executive Officer, with effect from 23 March 2020. Roy is based in London and has over 35 years of technical, commercial and managerial experience in the international energy industry and was previously Partner, Head of Technical, at Kerogen Capital. Upon commencement of Roy as the CEO on 23 March 2020, Ahmet Dik will step down as both CEO and a member of the Board of Directors.

Ahmet will work with the Company during his 12 month notice period to assist Roy and the team with the transition. Under his contracted terms his salary reverts to its original contracted amount during the notice period. After this year's AGM, expected to be held in June 2020, Roger Kennedy will move from his role as Executive Chairman to a Non-Executive Chairman role.