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Surya Oil & Gas Corp (OTCID: SURY) named William T. "Bill" Devereux as Chief Financial Officer and Treasurer as the company moves from planning into execution across its oil and gas portfolio. Initial redevelopment activity on Surya's West Virginia wells is expected to begin in Q1 2026, with broader acreage including Texas staged for subsequent development phases. Devereux brings 20+ years in capital markets and corporate finance, including deploying about $1.5 billion as a principal investor and advising on roughly $250 billion of transactions. Frank Kristan stepped down from the board and his corporate officer roles effective December 24, 2025. The CFO hire is presented as strengthening capital deployment and financial governance as redevelopment progresses.
Surya Oil & Gas Corp (OTCID: SURY) announced FINRA approval of its name and ticker change from Cunningham Natural Resources (CNRC) to Surya Oil & Gas Corp (SURY), effective at market open on November 19, 2025. Current shareholders are not required to take any action.
The change follows the company’s Q2 restructuring that introduced a new board and management team and the licensing of Surya Energy Services’ proprietary Kubera™ technology. Surya said it has launched a new corporate logo, is updating investor materials, and is building a new website to reflect its strategy to advance AI-driven, technology-enabled energy development.
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