PetroQuest Energy, Inc. (ticker: PQ) announced that Michael L. Finch has resigned from its board of directors.
Finch served as a director and chairman of the Audit Committee since 2003 and has elected to pursue other opportunities, the company said in a press release. PetroQuest reported that Finch’s resignation was not due to any disagreement with the company on any matter regarding its operations, polices or practices.
PetroQuest said it is evaluating potential candidates to fill the roles of financial expert and Audit Committee chairman.
“The company is indebted to Mike for his many years of service,” said PetroQuest Chairman and CEO Charles T. Goodson. “Mike played a critical role in helping to form and execute the company’s strategy in navigating through the recent commodity price downturn. We wish him the utmost success in his future endeavors.”