Tlou Energy Ltd. announced that Nathan Mitchell has resigned as Non-Executive Chairman of the Company with immediate effect, to focus on his other commitments and various executive positions he holds. Martin McIver has been promoted to the position of Non-Executive Chairman with immediate effect. Mr. McIver has a long history and in-depth knowledge of the Company having been appointed to the board in April 2010 as a Non-Executive Director.

Nathan Mitchell will maintain his close relationship with Tlou as an adviser for future drilling programs and will continue to be a long-term shareholder of the Company. In addition Colm Cloonan has been appointed to the Board as Finance Director with immediate effect. This reflects the increased responsibilities that Colm has undertaken following the Company's dual listing on AIM in November 2015.

Colm is currently based in Ireland having recently relocated from Australia. Colm is currently the Chief Financial Officer (CFO) of the Company.