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Arabella Exploration, Inc. announced that two of its directors, George P. Bush and Malachi Boyuls have resigned to pursue other opportunities in the private and public sector.
Messrs. Bush and Boyuls are partners in St. Augustine Capital Partners, LLC, an investment firm in Fort Worth focused on oil and gas consulting. Mr. Bush is running for Land Commissioner in Texas in the November 4, 2014 election.
Jason Hoisager, Chief Executive Officer of Arabella, commented: "We wish George and Malachi the best of luck with their ongoing endeavors. It was a pleasure having them as members of our board and we thank them for their valuable assistance in helping get Arabella to where we are today. We have a number of possible replacements in mind and will be working to find the best fits for our board going forward."