Petrodorado Energy Ltd. announced that, effective immediately, Mr. Krishna Vathyam, President and CEO has resigned from the company. Mr. Vathyam has also relinquished his position as a Director of company and its subsidiaries. Mr. Gregg Vernon, a Director since inception, will assume the position of Interim President and CEO.

The company announced the appointment of Mr. Robert Cross to the board of directors, effective immediately. Mr. Cross has an extensive resource and investment banking background and is currently a Director of a number of energy and mining companies (Bankers Petroleum, BNK Petroleum, B2Gold).