Karsten Energy Corp. announced the appointment of Ron Segev and Lennox Ong to the company's board of directors and the appointment of Kay Jessel as President and Chief Executive Officer. The company also announces the resignation of Bill McCartney and Murray Oliver from the board of directors.

Mr. Segev is a Vancouver lawyer and partner of Segev LLP, a full solutions business law firm with expertise in technology, gaming, and private and public corporate finance. Mr. Ong is an established entrepreneur in the videogaming and digital technology industries. He is currently the President and COO of a global cross-border payment company.