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Border Petroleum Corp. has reported that Kelly Kimbley, President and Chief Executive Officer, and Peter Fridrich, Vice President, Exploration, are no longer with the Corporation. Mr. Kimbley has also stepped down as a director of the Corporation.
The Corporation wishes to thank Mr. Kimbley and Mr. Fridrich for their efforts and tenacity that allowed Border to pursue a unique and substantive opportunity. We wish them every deserved success in their future endeavours.
Border's Chairman, Al Kroontje, P. Eng., has been appointed Interim Chief Executive Officer until the successful completion of the strategic review process currently being undertaken by the Special Committee and their financial advisors. Mr. Kroontje has accepted this appointment without compensation.
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