Taipan Resources Inc. Announces Board Appointment of Mr. Charles Watson

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VANCOUVER, BRITISH COLUMBIA--(Marketwire -05/10/12)- Taipan Resources Inc. (TSX-V: TPN) is pleased to announce the addition of Mr. Charles Watson to the Board of Directors of Taipan Resources Inc.

Mr. Watson brings over 30 years of oil and gas industry experience with Bechtel and Royal Dutch Shell plc, recently retiring as Chairman of Shell Russia, Chairman of the Board of Directors for the Sakhalin Energy Investment Company, and Executive Vice President Royal Dutch Shell plc covering Russia and the CIS. Mr. Watson also previously held the roles of Executive Vice President Shell Energy Europe, Executive Vice President Shell Gas and Power, and Vice President Exploration and Production for Africa, the Middle and India. Mr. Watson is also currently a Non-Executive Director of Kazakmys PLC, a large mining company quoted on the FTSE 100.

Mr. Joel Dumaresq commented, "Mr. Watson's extensive global experience in the oil and gas industry, particularly in Africa, the Middle East, and other emerging market jurisdictions, will be invaluable in reaching Taipan's goal of building a portfolio of world class oil exploration and development properties."

About Taipan Resources Inc.

Taipan Resources is actively pursuing the acquisition of international oil and gas exploration and development assets. The company is focused on acquisitions in its core geographic regions: Africa, the Middle East and South America, where opportunities remain for junior oil and gas companies to access large-scale oil and gas resources with significant exploration and development upside. Taipan is traded on the TSX Venture Exchange under the symbol TPN.

Contact:

Taipan Resources Inc.
Joel Dumaresq
Director
+1 604 336 3193

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