PetroNeft Resources plc announced that David Golder has, after 15 years' service to the company, decided to retire from the Board with immediate effect. The Board has unanimously elected Alastair McBain, who joined the board on 29th January 2021, as Non-Executive Chairman of the Company. Alastair has had a 37 year career in the international oil and gas industry. Initially working for 17 years at Royal Dutch Shell in numerous senior international commercial positions.