New Stratus Energy Inc. announced that it expects for Marino Ostos to assume the role of Chief Executive Officer and Jose Francisco Arata to be appointed Executive Chairman of the company in the near future. Mr. Ostos and Mr. Arata are currently and will remain directors of the company. In addition, it is expected that John Ferguson, Christopher LeGallais and Peter Volk will join the Board of Directors.

The company will issue a news release once the changes to management and the Board of Directors become effective.