Cano Petroleum Waves Goodbye to Executive Officer

Cano Petroleum announced the resignation of Patrick McKinney, the company's Senior Vice President of Engineering and Operations. Mr. McKinney will be taking a senior position with another company. Mr. McKinney will remain at Cano through May 31, 2010, to facilitate an orderly transition of managing operating activities as the company prepares to merge with Resaca Exploitation.

Jeff Johnson, Cano's Chairman and CEO commented, "We are very proud of what Pat accomplished at Cano and we wish him and his family well in their future endeavors."

Company: Cano Petroleum more info
 - Cano CFO to Resign (Jun 17)
 - Cano Waves Goodbye to CEO (Feb 14)
 - Cano Terminates Merger Agreements with Resaca (Jul 22)