Bayou Bend Petroleum's board of directors has accepted the resignation of John Zaozirny as a director of the Company.
The Company's management has been actively exploring several potential projects within the resource industry since completing the sale of substantially all of its U.S. oil and gas properties in May 2009. In tendering his resignation Mr. Zaozirny cited both personal reasons and work commitments for other entities, and expressed concern that he may not be able to dedicate the time that may be required as a director of Bayou Bend in the months to come as the Company works through this investigative process.
The Company accepted Mr. Zaozirny's resignation with regret, thanked him for his attention to the affairs of the Company since his initial appointment in February 2007 and wished him well in all of his future endeavours.
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