Taghmen Energy Appoints New Director

Taghmen Energy has appointed Richard Lavers as a non-Executive Director with effect from June 1, 2006.

Richard Lavers retired from the Foreign and Commonwealth Office ("FCO") in February 2006, where his last appointment was as UK Ambassador to Guatemala, with accreditation in El Salvador and Honduras. In his 37 year career, he has also been UK Ambassador to Ecuador, Deputy Head of Mission and Consular General in Chile and has served in Argentina, together with a number of senior positions within the FCO.

During the 1990's he also undertook a secondment with a merchant bank in London. He also holds a degree in history from Oxford University.

Nicholas Gay, Chief Executive, Taghmen Energy Plc, commented:
"We are very pleased to welcome Richard to the Board. He has a wealth of experience, knowledge and contacts within Latin America and provides the Company with a depth of political and environmental understanding of, and insight into, the area of our operations"