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New Interim Executive Chairman for Carbon Energy

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World Coal,

The Board of Carbon Energy has announced that Dr Chris Rawlings will be appointed as Interim Executive Chairman of the company, effective as of15 August 2016, while the company continues its search for a permanent Chief Executive Officer and Managing Director candidate for the position.

In an ASX announcement, Carbon Energy indicated that an executive search for a permanent replacement to the position of Chief Executive Officer and Managing Director is well advanced.

Dr Rawlings said: “We have an experienced senior management team and Board, who will work with me to manage the business until the right candidate is appointed. As far as our shareholders and stakeholders are concerned it will be business as usual at Carbon Energy.”

Edited from press release by Harleigh Hobbs

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