Energy Partners CFO Resigns

Management ChangeCompanies and CorporationsPetroleum IndustryEnergy Partners LimitedNew Orleans

Independent petroleum producer Energy

Partners., which has seen its stock price plunge amid a major

investor's call for a shake-up, says that its chief financial

officer has left the company.

In a filing with the federal Securities and Exchange Commission,

EPL said Joseph T. Leary, who also held the post of executive vice

president, informed the company on Sunday that "he would resign


The New Orleans-based company has not commented further.

Energy Partners, which focuses its drilling and producing in the

Gulf of Mexico and onshore in southern Louisiana, has seen its

stock slide precipitously over the past few months. From a 52-week

high of $16.50 recorded during booming oil prices, EPL closed

trading Wednesday at 29 cents per share.

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