Chelsea Oil & Gas Ltd. announced the changes to its management and board of directors. Effective December 1, 2017, Jesse Meidl has resigned as Chief Executive Officer of the company, replaced by William Petrie Sr., Chairman of Chelsea. Mr. Meidl remains a director of the company.

Effective December 1, 2017, Yves Merer, Stewart Gibson and Toby Pierce resigned as directors of the company. Effective December 1, 2017, William Petrie Jr. was appointed as a director of the company, to hold office until the next annual general meeting of the shareholders of the company. William Petrie Jr., was a co-founder of the company and previously served as its Chief Exploration Officer from 2012 - 2016.