Pryme Energy Limited announced that Mr. Stephen Mitchell has been appointed Executive Chairman of the Board on a temporary basis in order to oversee the management, operations and strategic review of the company. This is considered necessary since the resignation of the prior Chairman and Chief Executive Officer. Pryme Energy also announced that Mr. Daniel Lanskey has resigned from the Board of Directors effective February 3, 2016.

The company has also appointed Mr. John Zetzman to act as COO and Country Manager in the US.