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Petrel Resources announces board change

Staff writer |
Dublin, Ireland - May 22, 2012, Dublin, Ireland - Petrel Resources, an oil exploration company, announces that Stefano Borghi resigned as a non-executive director of the company.

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Mr. Borghi is Co-founder and Managing Director of Convergenza S.A, a European private equity company investing in technology and Co-founder of Livolsi and Partners Spa, a Milan based merchant bank. He was previously Managing Director of Nokia Italia Spa, Managing Director of Cable & Wireless Italia Spa and was an executive with BP Amoco in London from 1988 to 1994.

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