Mr Macaulay leaves the Board of PetroGlobe

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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gonoles

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Mr Macaulay leaves the Board of PetroGlobe

in response to

Annual General Meeting - June 2011

solyomtwo

posted on Jul 14, 2011 10:54AM

http://www.digitaljournal.com/pr/362168

PetroGlobe Announces Trade Suspension, Operational Update and Director Change

Read more: http://www.digitaljournal.com/pr/362168#ixzz1S5k0Mj00

Additionally, PetroGlobe would like to announce the departure of Robert Macaulay from the Board of Directors. Due to the commitment required of Mr. Macaulay in connection with his recent appointment as Interim CEO of Falcon Oil and Gas Ltd. he is unable to continue in his role as a Director of PetroGlobe Inc. We wish to thank Mr. Macaulay for his years of service to the Board and wish him well in new position.

ABOUT PETROGLOBE INC.

PetroGlobe is a Calgary, Alberta based public company, engaged in the exploration, development and production of petroleum and natural gas in Canada. PetroGlobe's focus is on high working interest, company-operated properties in Alberta, including Pembina Cardium light oil, Pembina Edmonton Sands natural gas, Red Earth Slave Point light oil and Sawtooth oil in the Grand Forks/Taber area of southern Alberta. PetroGlobe's common shares are listed on the TSX Venture Exchange and trade under the symbol PGB.

Read more: http://www.digitaljournal.com/pr/362168#ixzz1S5k83WnY

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