Mr Stadnyk will continue to serve the company as president of its newly formed subsidiary, Park Place International, a company that will focus on developing opportunities for the company outside of North America.
The decision follows the company’s recent announcement that it will centralize its administrative and managerial functions to Calgary Alberta, the center of the oil and gas industry in Canada.
Mr Leslie brings to Park Place Energy extensive experience in the oil and gas industry, having worked for both major and small independent companies including PanCanadian Petroleum Corporation, Amoco Canada Petroleum Company and Phoenix Resources. Mr Leslie has most recently served as president and CEO of Vanguard Exploration.
