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Vladimir & Ekaterina Appointed to the Board of Matra

Source: www.gulfoilandgas.com 7/11/2012, Location: Europe

Matra is pleased to announce that Vladimir Lenski and Ekaterina Sapozhnikova have been appointed to the board with immediate effect. Vladimir joins the board as Managing Director and Ekaterina joins as Finance Director. Vladimir Lenski, aged 51, will be responsible for the day to day management of the Company’s London office and will report directly to Maxim Barskiy, the Company’s Chief Executive.

Mr Lenski has many years experience in senior management including running multinational, high growth companies. Mr Lenski’s has held senior roles in the media and telecommunication industry including as CEO of Kommersant Publishing ZAO and Managing Director of NTV Plus Satellite TV Company. Mr Lenski holds an MSc degree in Civil Engineering and an MBA from the University of Chicago Booth School of Business, where he has been on the Advisory Board since 1995.

Ekaterina Sapozhnikova, aged 36, is to be appointed as Finance Director of the Company and will be responsible for financial management, corporate finance, budgeting, reporting and internal controls. Ms Sapozhnikova has extensive experience in the oil and gas sector in both the public and private sector. Between 2004 and 2008 she held the role of Chief Financial Officer, at West Siberian Resources Limited where she worked closely with Maxim Barskiy before the company’s merger with Alliance Oil Company. Ms Sapozhnikova is a member of the Association of Chartered Certified Accountants, holds an MSc Degree in Economics, and an MBA from the University of Chicago Booth School of Business.

Maxim Barskiy, Chief Executive of Matra commented: “I’m delighted to welcome Vladimir and Ekaterina to the Board of Matra at this exciting time for the company. This further strengthening of the team, as we look to realise our ambition to become a leading international oil and gas Company, will be central to Matra’s future success.”

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