Sunset Pacific Petroleum Ltd. announced that Mr. Michael Kostashuk, BSc, MEc, P.Geo., PMP, (“Mike”) has agreed to join the company to serve as chief executive officer (“CEO”). Mr. Albert Raponi has agreed to step down from the CEO position and will take on the new role of President, remaining a director. As CEO, Mike will play a leading role in the company's transition to an operational exploration and production (“E&P”) company focused in the Middle East and North Africa (“MENA”) region. Mr. Michael Kostashuk has worked in operations management and executive roles with a number of large and small E&P companies in onshore and offshore locations.

Mr. Michael Kostashuk will establish a headquarters for the company in Calgary, Alberta, and will recruit and build a seasoned technical team to be based at the new office.