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Grove Energy Limited (GRV)

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Wednesday 17 January, 2007

Grove Energy Limited

Board and Management Changes

Grove Energy Limited
17 January 2007

                              Grove Energy Limited

Date: January 17, 2007
                                  NEWS RELEASE

                          BOARD AND MANAGEMENT CHANGES

Grove Energy Limited ('Grove' or 'Company') (TSX-V & AIM: GRV), the oil and gas
exploration company with assets in Europe and the Mediterranean Margin, is
pleased to announce the following board and management changes, with immediate
effect, to help better manage the Company's future growth.

•        Appointment of Glenn Whiddon as Executive Chairman

•        Appointment of Dr. Wolfgang Zimmer as Chief Executive Officer

•        Appointment of Dr. Matthew Sutcliffe as non executive director

•        Appointment of Dr. Werter Paltrineri as Country Manager, Italy.

Mr. Whiddon has served as Chairman and Chief Executive Officer of the Company
since 18 September 1996 and is pleased to be transferring the role of Chief
Executive Officer to Dr. Zimmer who joined Grove on 13 March 2006 as a Director
and President of the Company.  As Executive Chairman, Mr. Whiddon will retain
responsibility for the Company's capital markets activities.  As Chief Executive
Officer, Dr. Zimmer assumes responsibility for the day-to-day management of the

Dr. Matthew Sutcliffe B.Eng., (Hons.), Ph.D, C.Eng., MIMM has been newly
appointed to the Board of Directors of the Company.  He will also be a member of
the Company's Audit and Compensation Committees. Dr. Sutcliffe, aged 40, will
hold office until at least the next Annual General Meeting of the Shareholders
of the Company.  Dr. Sutcliffe is the founder, Chairman and Chief Executive
Officer of Alexander Mining plc an AIM listed resource company.  For the past 10
years Dr. Sutcliffe has had a very successful career as an investment analyst
and financier in The City of London directly responsible for financing a number
of AIM listed exploration and production companies. A Chartered Mining Engineer
with a Ph.D in Mining Engineering, Dr. Sutcliffe is also a Member of the
Institute of Materials, Minerals and Mining.

Dr. Werter Paltrineri has assumed responsibility for Grove's activities in
Italy, including advancing the Abbadesse Field development.  Dr. Paltrineri, a
graduate of Bologna University, is a Professor of Geology at Chieti University
and brings over 30 years of Italian oil and natural gas exploration and
management experience to the Company.  Dr. Paltrineri has co-authored numerous
articles on structural geology and for the last 10 years was the Italian
Exploration Manager for British Gas plc. Dr. Paltrineri was awarded 200,000
options to purchase common shares of no par value in the share capital of the
Company.  These options are exercisable until 1 December 2011 at a price of
$0.67.  One third of these options vested upon award, one third will vest on 1
December 2007 and one third will vest on 1 December 2008.

Glenn Whiddon, Executive Chairman commented,

'The transfer of day-to-day management responsibility to Wolfgang Zimmer
reflects the transition of Grove from an explorer to a producer, with two proven
undeveloped assets which will benefit from Wolfgang's operational and management
expertise.  Dr. Sutcliffe is well known and respected in the investment
community and his appointment will greatly strengthen our board.  Dr. Paltrineri
will make a valuable contribution to our development program at Abbadesse and
particularly to our ongoing exploration efforts within Italy and the Sicily

In accordance with Schedule Two paragraph (g) of the AIM Rules, the following
additional information in relation to the appointment of Dr. Matthew Leslie
Sutcliffe to the Grove Board, is required to be disclosed.

Dr Sutcliffe holds or has held within the previous five years the following
directorships and partnerships:

Current                                              Past

Alexander Mining plc                                 Beeson Gregory Limited
First Africa Oil plc                                 BlueMile Advisers Limited
Kanyon plc                                           HighRidge Resources plc
Raphael Group plc                                    Alaric Management Limited
TMAP Investments Limited

Save as set out above, there is no further information to be disclosed in
respect of Dr. Sutcliffe's appointment under Schedule Two paragraph (g) of the
AIM Rules.


Per 'Anthony Hawkshaw'


Some of the statements contained in this release are forward-looking statements.
Forward looking statements include but are not limited to, statements concerning
estimates of recoverable hydrocarbons, expected hydrocarbon prices, expected
costs, statements relating to the continued advancement of the Company's
projects and other statements which are not historical facts. When used in this
document, and in other published information of the Company, the words such as '
could,' 'estimate,' 'expect,' 'intend,' 'may,' 'potential,' 'should,' and
similar expressions are forward-looking statements.  Although the Company
believes that its expectations reflected in the forward-looking statements are
reasonable, such statements involve risk and uncertainties and no assurance can
be given that actual results will be consistent with these forward-looking
statements.  Various factors could cause actual results to differ from these
forward-looking statements including the potential for the Company's projects to
experience technical or mechanical problems, geological conditions in the
reservoir may not result in a commercial level of oil and gas production,
changes in product prices and other risks not anticipated by the Company or
disclosed in the Company's published material.  Since forward-looking statements
address future events and conditions, by their very nature, they involve
inherent risks and uncertainties.

Neither the TSX Venture Exchange nor the AIM Market operated by London Stock
Exchange plc approves nor disapproves of the information contained herein.

The information contained herein does not constitute an offer of securities for
sale in the United States, United Kingdom, Canada, Japan or Australia.

For further information please contact:

Glenn Whiddon, Chairman                   Rory Murphy
Web:            Strand Partners Limited
E-Mail:    [email protected]         Tel: +44 (0) 207 409 3494
Tel:       +1 604 669 2099
Fax:       +1 604 943 3716

Dr. Wolfgang Zimmer, CEO                  Paul Newman
Web:            Westwind Partners (UK) Limited
E-Mail:    [email protected]         Tel: +44 (0) 207 290 9713
Tel:       +44 (0) 207 290 8280
Fax:       +44 (0) 207 491 0138

                                Peter Krens
                       Mirabaud Securities Limited
                       Tel: +44 (0)  207  878 3362

                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                   

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