Dragon Oil report the strengthening of its Board of Directors with the appointment of Mr Thor Haugnaess as an additional Independent Non-executive Director to the Board of the Company.

So as to facilitate his election under the Company's Articles of Association, it is planned to co-opt Mr Haugnaess to the Boardwith immediate effect. Mr Haugnaess will then be proposed for election at the Annual General Meeting on 18 April 2012 as an Independent Non-executive Director.

Details of changes in Dragon Oil's various committees, as well as Mr Haugnaess' participation in the same, will be determined and implemented shortly.

The Chairman, Mohammed Al Ghurair, commented,"I am delighted that Mr Haugnaess has joined Dragon Oil's Board in the role of a Non-executive Director. We have been looking at expanding the Board for some time and Mr Haugnaess brings significant business and industry experience to the Company. I have no doubt that we will be able to draw on his many years of working within oil and gas industry in leading roles to realise our goals and I look forward to working with him in continuing the growth of Dragon Oil."

Tags: Dragon Oil Plc