Master Drilling Group Limited announced that Roger Owen Davey an independent non-executive director of the company, will not make himself available for re-election at the company's annual general meeting to be held on July 24, 2014. Consequently, his resignation from the board of directors will be effective from the date of the AGM. Shane Ferguson who is an existing non- executive director of the company was also appointed as an alternate director to Davey on June 20, 2013.

Following Davey's resignation, Ferguson will resign as Davey's alternate director from the date of AGM but will remain as non-executive director of the company. Davey, due to his offshore domicilium creating difficulties in securing his regular attendance at board and sub-committee meetings of the company, has accepted a position of director in one of the company's offshore subsidiaries, Martwick Limited t/a Master Drilling Ireland.