Prospex Energy PLC announced the appointment of Mark Routh as CEO and the conditional appointment as a Director of the Company. Edward Dawson, the current Managing Director, will stand down with immediate effect from the Prospex Board of directors, but will remain as an employee of the Company to support an orderly transfer of responsibilities to the incoming CEO and the development of the Company's assets. Mark spent eight years as CEO/Chairman of AIM listed Independent Oil & Gas plc. He has more than 15 years' experience as a Board director in executive and non-executive roles in both private and listed companies. Mark is currently Non-Executive Director of Warrego Energy Ltd.