Help Wanted: Warren Resources Launches Search for New CEO

Warren Resources is a small, independent exploration and production company headquartered in New York City. Warren has ongoing drilling programs in California, Wyoming, and in the Pennsylvania Marcellus Shale. Warren’s Marcellus program is very small–they previously announced they would drill and complete two Marcellus wells in 2015 (see New Entrant in the Marcellus: Warren Resources Drilling 2 Wells in 2015). However, Warren has faced some serious challenges. Last December Warren’s CEO and Chairman of the Board, Philip Epstein, suddenly quit (see CEO of Warren Resources Quits, Replaced by Citrus Energy CEO). Since Epstein’s departure, Citrus Energy CEO Lance Peterson (a Warren board member) has taken the reigns as interim CEO. Now that the company has successfully “navigated the critical liquidity and debt issues,” they’re ready to find a new, permanent CEO. The search has begun…

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