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Re: Tamtam post# 579

Wednesday, 11/22/2017 8:51:20 AM

Wednesday, November 22, 2017 8:51:20 AM

Post# of 1014
Appointed to the Board of Mike Buck, CEO

Further to the announcement of 25 October 2017, Petro Matad (AIM: MATD) is pleased to announce that Mike Buck, CEO, has today joined the Board of the Company.

Mike Buck, CEO, said:

"I am very pleased to be joining the Board of Petro Matad. As an explorer by training and experience, I am excited by the potential of the Company's acreage portfolio. The under-explored basins of Mongolia comprise one of the last remaining onshore oil exploration frontiers in the world and the geology of the area shows striking similarities with the prolific oil producing basins across the border in northern China. I look forward to progressing an active drilling campaign to fully evaluate the potential of our extensive portfolio".

Additional disclosures in relation to Michael James Buck (aged 60):

Current directorships/partnerships:

Red Sun Resources Pte Ltd

Ikat Energy Pte Ltd

Previous directorships/partnerships (last 5 years):

Ophir (Indonesia South East Sangatta) Ltd

Ophir Indonesia (Kutai) Ltd

Ophir Indonesia (North East Bangkanai) Ltd

Ophir Indonesia (Simenggaris) Ltd

Ophir Indonesia (South Sokang) Ltd

Ophir Indonesia (West Bangkanai) Ltd

Ophir Thailand (Bualuang) Ltd

Salamander Bualuang & Kambuna Ltd

Salamander Energy (Bangkanai) Ltd

Salamander Energy (Bontang) Pte Ltd

Salamander Energy (Canada) Ltd

Salamander Energy (Central Kalimantan) Ltd

Salamander Energy (Glagah Kambuna) Ltd

Salamander Energy (JS) Ltd

Salamander Energy (Kerendan) Ltd

Salamander Energy (Lao) Co. Ltd

Salamander Energy (Malaysia) Ltd

Salamander Energy (North Sumatra) Ltd

Salamander Energy (Nurul) Pte Ltd

Salamander Energy (Thailand) Co. Ltd

Salamander Energy plc

Salamander Energy Singapore Pte Ltd

Mr Buck has no shareholding in Petro Matad.

There is no further information to be disclosed under Schedule 2(g) and Rule 17 of the AIM rules in relation to the appointment of Mr. Buck.

-Ends -