Rain appointed interim CEO of PetroShale

David Rain was appointed interim chief executive officer of PetroShale Inc. while a search is held for a permanent replacement for Mike Wood, president and chief executive officer, who has left the company to pursue other opportunities.

Rain is currently a director of PetroShale and served as the company’s chief financial officer from November 2013 through November 2018.

With a focus on the North Dakota Bakken, PetroShale reaffirmed its production targets of 10,000-11,000 boe/d for this year’s second half and a 2019 exit rate of 11,000 boe/d.