RNS Number : 8750V
  Spitfire Oil Limited
  03 June 2008
   

    SPITEFIRE OIL

    60 St James's Street, London SW1A 1LE, United Kingdom
    Telephone: + 44 (0)20 7629 7774 Facsimile: + 44 (0)20 7629 7773

    3TH June 2008

    APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER

    Spitfire Oil Limited ("Spitfire"or the "Company") is pleased to announce the appointment of Mr Thyl Kint as the Chief Executive Officer
of the Company, replacing Mr Andrew Woskett who has resigned from the board of directors as of today's date. Mr Kint, aged 49, is an energy
industry professional with over 25 years worldwide oil and gas experience including, most recently, the position of Project Director for the
very large Stybarrow and Pyrenees oil and gas projects in Australia operated by BHP Billiton Petroleum.

    Mr Kint is a US national, educated and trained as an engineer in Belgium with a Master's degree in engineering and business from the
University of California at Berkeley. Mr Kint has previously been employed by Shell, BP, BHP and Kerr McGee whilst working in Europe, North
America, Asia & Australia.

    Mr Kint has a proven track record of successfully developing oil and gas assets and large projects within very tight schedules including
several projects consisting of complex, major processing plants, which produced first-rate uptime and an excellent environmental
performance. This track record will provide the necessary foundation to progress the Company's Salmon Gums Lignite to Liquids project and
will complement the board's existing mining and oil expertise.

    Mr Kint will work with Mr Woskett to effect a seamless hand-over in responsibilities by the 30th June 2008, after which, the Company's
operational head office will be transferred from Melbourne to Perth to consolidate the administrative, developmental & operational
activities in Western Australia.

    Chairman, Mr Mladen Ninkov, commented "The Company is delighted to have a Chief Executive Officer of the caliber of Thyl join the
Spitfire team. His exceptional track record of bringing extraordinarily large projects into production on time and on budget is well known
throughout the oil and gas world. This is a coup for the Company. Conversely, it is with great sadness that Andrew is leaving the Company.
He has done a wonderful job in listing the Company and progressing it to this stage of its development. His decision to prioritize his
family obligations and remain in Victoria as the Company consolidates all its activities in Western Australia is a sad one for his fellow
directors. We wish him nothing but the best for the future".

    Further information

    Mladen Ninkov - Chairman        Telephone: +44(0)20 7629 7774
    Roger Goodwin - Director
    Spitfire Oil Limited

    Adrian Hadden                         Telephone: +44(0)20 7523 8350
    Collins Stewart Limited    



    Spitfire Oil Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol SRO)
    The Company's news releases are available on the Company's web site: www.spitfireoil.com
This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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