New Source Energy Partners L.P. Announces Board of Director Change
August 29 2014 - 5:30PM
Business Wire
New Source Energy Partners L.P. (NYSE:NSLP) (the “Partnership”
or “New Source”) announced that David J. Chernicky, director and
Chairman of the Board of the Partnership’s general partner (the
“Board”), has resigned from the Board and from his executive
positions as Senior Geologist of the Partnership and the general
partner. Mr. Chernicky has dedicated the last 30 years to the
exploration and production of oil and natural gas.
Mr. Chernicky is resigning to allocate more of his time to
growing the assets and enhancing the operations of his other
companies.
“On behalf of the New Source family, I would like to thank David
for his dedication to the Partnership,” said Kristian Kos,
President and Chief Executive Officer of the Partnership’s general
partner. “As Chairman, he was instrumental in identifying
opportunities to grow the Partnership’s upstream business. We wish
David the best in his future endeavors.”
About New Source Energy Partners L.P.
New Source Energy Partners L.P. is a vertically integrated
independent energy partnership. The Partnership is actively engaged
in the development and production of its onshore oil and
liquids-rich portfolio that extends across conventional resource
reservoirs in east-central Oklahoma. In addition, the Partnership
is engaged in oilfield services that specialize in increasing
efficiencies and safety in drilling and completion processes
through its Oilfield Services Division subsidiaries. For more
information on the Partnership, please visit www.newsource.com.
Forward-Looking Statements
This news release contains “forward-looking statements” which
are based on current plans and expectations and involve a number of
risks and uncertainties that could cause actual results and events
to vary materially from the results and other statements contained
in this press release. For a full discussion of these risks and
uncertainties, please refer to the “Risk Factors” section of the
Partnership’s Annual Report on Form 10-K for the year ended
December 31, 2013 and the information included in the Partnership’s
quarterly and current reports and other public filings. These
forward-looking statements are based on and include the
Partnership’s expectations as of the date hereof. Subsequent events
and market developments could cause the Partnership’s expectations
to change. While the Partnership may elect to update these
forward-looking statements at some point in the future, the
Partnership specifically disclaims any obligation to do so, even if
new information becomes available, except as may be required by
applicable law.
New Source Energy Partners L.P. - Investor & Media
ContactNick Hodapp, 405-272-3028Director of Investor
Relationsnhodapp@newsource.com
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