Jura Energy Appoints New Chairman

Jura Energy, an oil and gas exploration and production company, has appointed Nigel McCue as chairman, effective May 12, 2008.

Mr McCue will relinquish his current role as president and CEO of the company on that date, but will remain active in Jura’s business in an active advisory capacity thereafter. Following the completion of the transition period, Mr McCue will be joining Lamprell as COO.

Norm Holton, chairman of Jura Energy, said: “Nigel has played a pivotal role in acquiring and advancing Jura’s projects in Pakistan. Under Nigel’s leadership, we have completed a 1,200km seismic program, drilled two successful production wells in Block 22, and completed a letter of intent with the government of Pakistan for the refurbishment of the Sukkur power station.”

“Peter Whitbread, Lamprell’s CEO, is a director of Jura and both Mr Whitbread and Steven Lamprell are large long-term shareholders of Jura. We look forward to this relationship continuing and deepening. Jura also offers Nigel its congratulations on the appointment, and best wishes in this new challenge. Lamprell has also confirmed that following the transition, Nigel will remain available on an ongoing basis to ensure that the long-term best interests of Jura are maintained.”