Jagercor Energy Corp. announced that Mr. Edgardo Russo is joining the company's board of directors and has also been appointed as Jagercor's new President and CEO. Mr. Karl Antonius has resigned as the company's President and CEO.

He brings 20 years of experience in the oil and gas industry in Argentina, mainly in YPF SA, and most recently working as Field Development manager for Baker Hughes. His previous roles include General Manager of YPF SP, as well as reporting to the board of directors of YPF SA. Karl Antonius will remain on the Board of Directors to continue assisting Jagercor in its expansion.