Molopo Energy Limited
ASX : MPO

August 09, 2012 08:59 ET

Molopo Energy Appoints Cindy Gray as VP Capital Markets

CALGARY, ALBERTA--(Marketwire - Aug. 9, 2012) - Molopo Energy Limited ("Molopo") (ASX:MPO) is pleased to announce the appointment of Ms. Cindy Gray as Molopo's Vice President, Capital Markets effective 27 August 2012.

Ms. Gray will be based in Molopo's Canadian corporate office in Calgary as a key member of CEO and Managing Director Tim Granger's leadership team. As well as maintaining investor relations with Australian shareholders, Ms. Gray will be responsible for expanding shareholder and key stakeholder relations in North America. Molopo remains committed to effective, meaningful and transparent communications with all shareholders and other stakeholders globally.

In commenting on the appointment, Mr. Granger said, "I am very pleased to welcome Cindy to Molopo, as she brings a unique background in capital markets, enhanced by her recent experience working with new listings of energy companies at the Toronto Stock Exchange. Her sixteen years of capital markets expertise, her communication skills and oil and gas experience are an excellent combination to supplement our North American based leadership team."

In her previous role as Head, Business Development - Global Energy for the Toronto Stock Exchange/TSX Venture Exchange, Cindy provided advice and assistance to global oil & gas and energy services firms regarding new listings on the TSX. Prior to working with the TSX, Cindy led the Investor Relations team for a multi-billion dollar TSX/NYSE listed oil & gas company, Harvest Energy and before that, PrimeWest EnergyTrust. Cindy holds an MBA from the University of Calgary.

The Company thanks Dr. Joanna Hughes for her role in establishing the current strategic direction of Molopo and leading the Company's Investor Relations efforts over the past year. Joanna will work closely with Cindy over the coming weeks to ensure a smooth transition of the Investor Relations function to Calgary.

Upcoming Presentation

Mr. Tim Granger will present at EnerCom's The Oil and Gas Conference® in Denver, Colorado. Molopo's updated investor presentation will be lodged with the ASX subsequent to this announcement and the live presentation, at 3.10 pm MT on 15 August 2012, will be webcast and accessible on the Company's website, www.molopoenergy.com.au.

Issued by: Molopo Energy Limited

Molopo Energy Limited is an ASX-listed oil and gas exploration and production company. The company is focussed on the development of its unconventional tight oil assets in the Permian Basin, Texas, USA and the Williston Basin, Saskatchewan, Canada. The company has shale gas assets in Quebec, Canada, a CBM project in Australia (under divestment) and onshore gas projects in South Africa.

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