Brown Departs Evolution Petroleum; Loyd Named Interim CEO

Evolution Petroleum CEO Jason Brown is stepping down to pursue other opportunities, with the board of directors electing investment committee chair Kelly Loyd interim CEO.

Hart Energy Staff
Evolution Petroleum, Kelly Loyd, Jason Brown

During his time as CEO of Evolution Petroleum, Jason Brown led the company to several key acquisitions, including an oil-focused acquisition in the Williston Basin. (Source: Adam Buehler / Shutterstock.com)

Evolution Petroleum Corp. appointed Kelly Loyd interim CEO in the wake of current CEO Jason Brown leaving to pursue other opportunities, a press release announced on July 5.

Loyd currently serves as a member on the company's board of directors and will immediately begin a search for a new permanent CEO. He has been a director at Evolution since 2008 and chairs the board's investment committee.

Additionally, Loyd has been associated with private energy investment vehicles Petralis Energy Partners LLC and JVL Advisors LLC since 2004.

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