OREANDA-NEWS. November 18, 2011. Eurasia Drilling Company Limited (“EDC” or the “Company” - LSE: EDCL), the leading onshore & offshore drilling service provider in the CIS, announced that at its Annual General Meeting held on October 25, 2011, The Earl of Clanwilliam, Alexander Djaparidze and Alexander Shokhin were re-elected as Class III members of the Board of Directors to hold office for the full three years.

Two additional Directors to EDC’s Board of Directors were elected as follows:

W. Richard Anderson. Mr. Anderson has served as Chief Financial Officer of Eurasia Drilling Company Limited since June 2008. Between June 2007 and June 2008, Mr. Anderson served as an independent consultant to Prime Natural Resources, a closely-held exploration and production company. Mr. Anderson was previously the President, Chief Executive Officer and a director of Prime Natural Resources, from January 1999 to June 2007. Mr. Anderson is currently the Chairman of the Board of Directors for Vanguard Natural Resources LLC (NYSE: VNR) and also the chairman of its audit committee. Within the last five years, Mr. Anderson served on the board of directors of Transocean, Ltd. (NYSE: RIG) from November 2007 to June 2011 and Boots and Coots Inc. (NYSE: WEL) from August 1999 to September 2010.

Maurice Dijols. Currently Mr. Dijols holds the positions of Chairman of the Russian Schlumberger companies and also Senior Advisor to the Schlumberger CEO Paul Kibsgaard. Mr. Dijols has held a variety of executive positions during his 30-year career with Schlumberger. Before his current assignment Mr. Dijols served as President of Schlumberger Russia headquartered in Moscow for 8 years till the summer 2011. In the past he served as President of SchlumbergerSema, North Central Europe and CIS. Mr. Dijols also held positions as the Chief Information Officer of Schlumberger Limited and as the President of Schlumberger Oilfield Services North and South America, based in Sugar Land, Texas.

The Board of Directors now consists of nine members.

ZAO KPMG was re-appointed as auditors of the Company.

Dr. Alexander Djaparidze, EDC’s Chief Executive Officer and a Director of EDC, commented,

“I am delighted to welcome both Richard and Maurice to EDC’s Board of Directors. Richard’s knowledge of the energy industry,  extensive board experience on other oil industry related boards of directors and financial background coupled with his experience serving as our Chief Financial Officer mean that he will bring important expertise and skill to the Board. We are proud to have someone of Maurice’s caliber on our board. His background with Schlumberger and his broad knowledge of the Russian market in particular will bring another level of insight and depth to EDC as we seek to meet our client’s evolving needs. I look forward to working closely with my new fellow Board members as we continue to develop our business.“