Petrus Resources Ltd. announced that Mr. Ken Gray has been appointed as President of Petrus. Mr. Gray is a Petroleum Engineer from Texas A&M with extensive experience in Canada, the North Sea and Alaska and is currently President of a private oil and gas company with operations in Alberta. Mr. Neil Korchinski has resigned as President and a Director of the company. The company announced that Mathew Wong, the current controller of Petrus, has been appointed as the Vice-President, Finance of the company.