NuEnergy Gas Limited advised that Dr Ian Wang will move from his role as Chief Executive Officer ("CEO") of NuEnergy into a Non-Executive role on the Board of Directors of the Company. The Board announced the appointment of Lim Beng Hong to the role of CEO with effect from 1 December 2021. Lim Beng Hong has 34 years of experience in the oil and gas industry. He was previously the Chief Operating Officer of NuEnergy. Prior to that he was the Country Manager for Greka Drilling and was the overall in-charge of the coal bed methane operations in China. He has also held several senior management positions in various countries with large international companies such as Halliburton and Weatherford where he contributed several innovative and advanced drilling initiatives to their operations in the Asia Pacific region.