Ultra Petroleum Corp. announced that William Picquet intends to retire from the company at the end of April 2014. In connection with Mr. Picquet's retirement, Ultra's Board of Directors has promoted Brad Johnson to the role of Senior Vice President, Operations, effective April 1, 2014.
Mr. Picquet joined Ultra in 2005 as Vice President, Operations and was promoted to Senior Vice President, Operations in 2011. Throughout his distinguished career, he held numerous engineering and managerial roles with various exploration and production companies across North America. His wealth of experience and strategic vision enabled him to successfully oversee all technical aspects of Ultra's engineering and operations. Beginning April 1, 2014, Mr. Picquet will serve in a non-executive advisory capacity until his effective retirement date of April 30, 2014.