Jun 30, 2015, 04:15 ET
OKLAHOMA CITY, June 30, 2015 /PRNewswire/ -- New Source Energy Partners L.P., a Delaware limited partnership (NYSE: NSLP) (the "Partnership" or "New Source"), today announced that Charles Lee Reynolds III has retired from his position as a director on the Board of Directors of New Source Energy Partners GP, LLC, New Source's general partner, effective immediately. Additionally, the Partnership announced that Richard D. Finley has been appointed to the Board of its general partner, effective immediately. Mr. Finley will step down from his role as Chief Financial Officer of the Partnership's general partner concurrent with his appointment to the Board.
"Lee has been a valuable part of the New Source team since joining the Board in 2014," said Kristian Kos, Chairman and Chief Executive Officer. "We appreciate Lee's contributions to the Partnership and we wish him continued success in his future endeavors."
Concurrent with the announcement of Mr. Reynolds' retirement from the Board of Directors, the Partnership announced the appointment of Mr. Richard D. Finley to the Board.
"Having served as our CFO, Richard has been a key member of the New Source team since inception," said Mr. Kos. "We are fortunate to retain Richard's underlying knowledge of the business along with his experience with the intricacies of MLPs by having him join our Board of Directors."
The Partnership does not presently intend to name a replacement for Mr. Finley.
About New Source Energy Partners L.P.
New Source Energy Partners L.P. is an independent energy partnership engaged in the production of its onshore oil and natural gas properties that extends across conventional resource reservoirs in east-central Oklahoma and in oilfield services that specialize in increasing efficiencies and safety in drilling and completion processes. For more information on the Partnership, please visit www.newsource.com.
New Source Energy Partners L.P.—Investor & Media Contact:
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SOURCE New Source Energy Partners L.P.
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