Boys from Gastar's announcement today. This definitley shows the level of committment from the key person. very good news for ESI. time will tell.
Gastar Exploration Announces Resignation of Board Member and Appointment of New Chairman
Houston, TX (August 1, 2006).…Gastar Exploration Ltd. (AMEX: GST and TSX: YGA) announced today that Thom Robinson has resigned, effective immediately, as Chairman of the Board and as a member of the Board of Directors. Mr. Robinson has resigned to devote his full time and efforts to Geostar Corporation’s Australian activities in the Gippsland Basin. Gastar’s Board of Directors appointed J. Russell Porter to the additional position of Chairman of the Board of Directors.
Commenting on the announcement, J. Russell Porter, Gastar’s Chairman, President & CEO, stated, “Thom Robinson was the lead founder of Gastar and his entrepreneurial drive, vision and focus were instrumental in positioning Gastar in its present assets. We appreciate Thom’s efforts and wish him the best going forward.”
ESI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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