Roy Hopkins has resigned as chairman of the Board of Magellan Petroleum and will be replaced by Rod Cormie, a director on the Magellan Board and currently the chairman of the Audit Committee.

Dr Ken Tregonning will step down from the positions of managing director and chief executive Officer of Carnarvon Petroleum by the end of the year. The company has changed its contact details to Level 50, 120 Collins Street, Melbourne Victoria 3000. Telephone: (03) 9225 5400. Facsimile: (03) 9225 5050.Email: admin@carnarvonpetroleum.com