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has replaced the company'sd president and is moving the company's headquarters to The offices of Blue RidgwGroup Inc., a holding company that is the largesf shareholder in the company, will remainn in Bowling Green. In a move to changde the focus of itsexploration business, Patrick A. Kelleherf has been appointed as the president and CEO of the replacing former President Ed Stillies who resigned to pursueother interests. The companyt also will shift its explorationh and drilling efforts to onshore fieldas on the TexasGulf Coast. The company had been focusinf on theAppalachian Basin, an area composed of Kentucky, Pennsylvania, West Virginia and Ohio.
"While our previoua operational focus in the Appalachian Basin providef predictable results for both the compang andour investors, it didn'f allow the company to grow," Robert Burr, Blue Ridge'ws chairman of the board. "The opportunities I've seen in the Texad Gulf Coast add that missing elementf at reasonable risksand costs."
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