Board Change
March 03 2008 - 1:04AM
UK Regulatory
RNS Number:1548P
CDS Oil & Gas Group PLC
03 March 2008
126 Brompton Road
London, United Kingdom
SW3 1JD
E-Mail: info@cds.com.py
Web Site: www.cdsogg.com
NEWS RELEASE
For release: Monday, March 3, 2008
CDS OIL & GAS GROUP PLC
BOARD CHANGE
LONDON, England: 3 March 2008- CDS Oil & Gas Group PLC ("CDS" or the "Company"),
the AIM-quoted oil and gas explorer (CDS.L), announces today that Mr James Wade
has resigned as a Non Executive Director and Senior Vice-President, effective 29
February 2008. Jim was a founder shareholder of the Company and its President
and CEO from its inception in 2003 until October 2006.
Mr Patrice Roman, Chief Executive Officer, stated: "I would like to thank Jim
for his commitment to CDS and his vital role in developing the Company. Without
Jim's vision in recognising the potential of the Chaco basin in Paraguay and his
perseverance in raising the initial capital, we would not now be in a position
to take forward our current exciting exploration programme."
For further information
CDS Oil & Gas Group Tel: +41 22 700 68 60
Patrice Roman, Chief Executive Officer
Hanson Westhouse Tel: 020 7601 6100
Louis Castro / Richard Baty
UK Enquiries
Hudson Sandler Tel: 020 7796 4133
Jessica Rouleau / Sandrine Gallien / Fran Read
Other Enquiries
B4 Communication Tel: +41 22 592 50 22
Claude Baumann / Frederic Jacquemoud
Notes to Editors
CDS is a UK company which, through its Paraguayan subsidiary, CDS Energy S.A.,
has a 98.1% working interest in three large blocks with substantial oil and gas
exploration potential in the prospective eastward extension into north-west
Paraguay of the productive Bolivian Chaco Basin.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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