RNS Number:7666H
Nelson Resources Limited
25 January 2005


                       NELSON RESOURCES LIMITED ANNOUNCES
                    APPOINTMENTS TO CHIEF FINANCIAL OFFICER
                     AND CHIEF OPERATING OFFICER POSITIONS


Nelson Resources Limited ("Nelson" or the "Company", TSX / AIM: NLG), a leading
independent oil exploration and production company operating in Kazakhstan,
today announces that it has appointed Nicolas Greene as Chief Financial Officer
and appointed Simon Gill, as Chief Operating Officer. Both appointments are
effective immediately.

Nicolas Greene, 57, was hired as a consultant in April 2004 and later was
appointed as Senior Vice President - Corporate Finance. He has over 20 years
experience as an international finance executive and is a specialist in
international banking and finance. Mr. Greene replaces as CFO Fred Hodder, who
has been appointed Senior Vice President with responsibility for investor
communication, compliance and corporate development.

Simon Gill, 49, has served as Western Region Manager for Nelson since October
2003 with responsibilities for the oversight of the Company's interests in the
North Buzachi and Karakuduk oil fields. He also serves as CEO of Chaparral
Resources, in which Nelson holds a 60% ownership interest. Simon has over 24
years of oil industry experience with Texaco (ChevronTexaco) and was formerly
General Manager for Texaco North Buzachi Inc.

Nick Zana, Nelson's Chief Executive Officer, commented, "I am delighted to
announce these appointments. Nelson is experiencing a period of high growth and
this realignment of management responsibilities reflects the Company's intention
to develop the necessary management processes and systems required for a rapidly
evolving, multi-asset enterprise. Nelson will continue to build depth in its
management ranks and to address the requirements of an international, publicly
listed company."

For further information, please contact:

Nelson Resources Limited
Fred Hodder, Senior Vice President             Tel: 020 7495 8908
fhodder@nelsonresources.co.uk

S.A. (Al) Sehsuvaroglu, Senior Vice President  Tel: +7 3272 58 25 81/2/3
sas@nelsonresources.com


Bell Pottinger Corporate & Financial (Investor Relations - London)
Ann-marie Wilkinson / Nick Lambert             Tel: 020 7861 3232


Notes to editors

Senior executive appointments are subject to Toronto Stock Exchange approval.

Nelson Resources Limited is an oil exploration and production company with
operations in the Republic of Kazakhstan. The Company established its presence
in the Kazakhstan oil sector in 2000 and its management team, comprising both
international and Kazakh executives, has extensive experience of the Kazakh
operating and regulatory environment. The Company owns 50% of Kazakhoil Aktobe
LLP (KOA), a 50/50 joint venture between Nelson and Kazmunaigas, the national
oil company of Kazakhstan, which is developing the Alibekmola and Kozhasai
fields. The Company owns a 50% participatory interest in the North Buzachi oil
field located in western Kazakhstan (50% Nelson, 50% CNPC International
(Buzachi) Inc.). In May 2004, Nelson purchased 60% of Chaparral Resources Inc.,
which has a 60% interest in the joint stock company Karakudukmunai, operator of
and owner of a 60% interest in the Karakuduk field. In January of 2005, Nelson
acquired the 40% interest in this field previously owned by Kazmunaigas,
bringing the Company's aggregate ownership interest in the field to 76%. The
Company is also in the process of acquiring a 50% interest in the Arman field,
with the other 50% held by Shell. The Company also holds an option to acquire a
minimum 25% participatory interest in two Caspian Sea offshore blocks, Zhambai
South and South Zaburunye. The Company maintains its operational office in
Almaty, Kazakhstan, which oversees the field joint ventures in western
Kazakhstan. Nelson and its affiliated companies employ approximately 800 people.
Common shares of Nelson are listed on the Toronto Stock Exchange and London's
Alternative Investment Market under the symbol NLG.


                                    - ENDS -


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
BOAPUUBUGUPAGPA
Arria Nlg Ords (LSE:NLG)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Arria Nlg Ords Charts.
Arria Nlg Ords (LSE:NLG)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Arria Nlg Ords Charts.