Continental Energy Names New President, COO

Continental Energy announced that Andrew T. Eriksson has been named President and COO of the Company.

Mr. Eriksson has been employed by the Company in its Jakarta office since 2003 and will continue to act as the Company's exploration manager. He holds a B.S. degree in geology from San Francisco State University and a Master's degree from Oregon State University.

Mr. Eriksson replaces Richard L. McAdoo as President, although Mr. McAdoo will remain as Chairman and CEO. Mr. McAdoo, said of the appointment, "Drew has shouldered more and more of the management duties of the Company and his appointment as the President and COO is in recognition of his valuable service in this regard. He will play a lead role in identifying and developing new acquisition and growth opportunities in SE Asia."