PetroSun has appointed Gordon M. LeBlanc, Jr. as Executive Chairman, Chief Executive Officer and President of the Company, effective immediately. Furthermore, the Company has announced that Christopher Hewitt will be stepping down from his role as Chief Financial Officer, effective April 13, having only joined in December 2021. In November 2022, R. Gerald Bailey, the previous CEO stepped down. Petrosun has delayed development projects in the Holbrook Basin but has been unable to bring them to production as yet.
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