Hawkley Oil & Gas Limited announced that it has entered into an agreement with EMCO Capital Pty Ltd. to undertake a share placement. Under the terms of the agreement, Mr. David Lloyd and Mr. Edmund Babington have agreed to join the Board of Hawkley from March 16, 2017 as non-executive Chairman and non-executive director respectively. Mr. Glenn Featherby, Mr. Piers Lewis and Mr. Murray Wylie have agreed to step down from the board effective close of business on March 16, 2017. Mr. Bill Foster will remain as a non-executive director and Mr. Wylie will continue as Company Secretary.