At the AGM, the shareholders of Petrodorado Energy Ltd. approved the fixing of the number of directors of the company at four and elected three individuals as directors of the company to hold office until the next annual meeting of shareholders, unless vacated earlier in accordance with the articles or bylaws of the company or applicable laws. The one vacancy will be filled by the board of directors prior to the next annual meeting of shareholders. The three individuals elected as directors were Krishna Vathyam, President and Chief Executive Officer of the company, Gregg Vernon and Douglas Urch.

All three individuals are returning directors. Mr. Robert Cross did not stand for re-election and is therefore no longer a director of the company. Mr. Cross will continue to provide consulting services to the company on an ongoing basis.