Acadian Energy (CVE:ACX) said Thursday it has appointed Mark Lawrence as interim CEO while chairman John McDevitt has taken a leave of absence for medical reasons.
McDevitt will remain a director of the company as will Lawrence, who will assume the CEO role effective September 10.
"The company is continuing to refocus its efforts to identify and pursue New Albany Shale Oil opportunities and will continue to welcome John's contribution and assistance as a director in this regard while he is on leave," said Lawrence in a statement.
Acadian is a junior exploration and production company that is focused on the exploration and development of New Albany shale oil and natural gas in the Illinois Basin.
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