European Gas Limited announced has appointed Malcolm McComas, an experienced company director and investment banker as a third Director of the company. Malcolm is a director of Pharmaxis Limited (where he is also chairman), BC Iron Ltd, and Saunders International Ltd. The Board has also invited Susan Thomas to join the Board. Ms Thomas has been appointed as a fourth Director of the company, noting that she is a substantial shareholder of the company.

Ms Thomas is also an experienced company director and is currently on the board of Clearview Wealth Ltd. The Board has also resolved to appoint Malcolm McComas as Chairman of the Board with immediate effect.