Friday, June 17, 2011
Cano Petroleum Inc.
Cano Petroleum announced that Michael J. Ricketts informed Cano of his decision to resign from his positions as the Senior Vice President and Chief Financial Officer of Cano and from all other positions he holds with Cano or any of its subsidiaries, effective as of the close of business on June 20, 2011. Mr. Ricketts is resigning to accept a position at another company. The Board of Directors of Cano believes that it is in the final stages of its search for a Chief Financial Officer to succeed Mr. Ricketts and expects to announce a successor in the near future.
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