Mar. 25, 2014, 11:56 AM
- Double Eagle Petroleum (DBLE +7.9%) appoints Charles Chambers as its new Chairman and CEO effective April 1, succeeding Richard Dole who will become Vice Chairman; Chambers' most recent position was as managing director of Castleton Commodities' oil and gas business.
- Also, DBLE says it raised $4.8M in an equity private placement, and will change its company name to Escalera Resources.
Double Eagle Petroleum Company is an independent energy company engaged in the exploration, development, production and sale of natural gas and crude oil, mainly in Rocky Mountain Basins of the western United States.
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