The Directors of Kairiki Energy Limited (“Kairiki”) wish to advise that Mr Peter Cockcroft has been appointed to the Board of the Company as Non Executive Chairman.
The Company wishes to advise that the selected farminee party (“Party”) have advised us that they will not be proceeding with negotiating a Farmin Agreement for SC 54A.
The Directors of Kairiki Energy Limited (“Kairiki” or “the Company”) submit herewith the financial report of the consolidated entity (“the Group”) for the half-year ended 31 December 2011.