Canada-based oil and gas company Spyglass Resources said one of its independent directors has stepped down from its board.
Michael Rapp, chief executive of Clarke Inc, tendered his resignation with the company yesterday.
As well as serving on the board of Spyglass Resources, Mr Rapps is also on the board of Clarke Inc, Holloway Lodging Corp and Supremex Inc.
Spyglass Resources in a dividend paying intermediate oil and natural gas company, with its headquarters in Calgary, Alberta and currently operates oil and gas properties in Western Canada.
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