Archer Says Hello to New BOD Member

Archer announced the appointment of Mr. Joe Mike McKinney to the Board of Directors, effective immediately.

Mr. McKinney's 50+ years of experience in Oil & Gas encompasses virtually every major basin in North America at all levels of management, in the areas of exploration and production, asset evaluation, acquisition, strategic planning and investment banking.

Mr. McKinney's previous experience includes senior positions at Majors such as Exxon, Superior Oil, Union Texas, as well as serving as President and COO of the International Division of EOG O&G. His expertise is in the maximizing of return on exploration and development investment, with a key focus on strategic growth.

"On behalf of shareholders, I am pleased to welcome Joe Mike to the Archer Petroleum team. Joe Mike's expertise in Oil and Gas exploration and development will be of significant value in the growth of Archer, and we look forward to benefitting from his invaluable years of experience," said Colin Bowkett, President and Director of Archer.

Joe Mike McKinney stated, "I'm extremely pleased to be a part of the Archer team and look forward to working together with management as we execute a long-lasting strategy to create shareholder value in the near and long term. I believe the opportunity that exists for Archer and its shareholders is significant, and I look forward to being a part of the team going forward."