Ultra Petroleum Announces Executive Leadership Transition

 HOUSTON, July 15, 2014 /CNW/ -- Ultra Petroleum Corp. (NYSE: UPL) today  announced that its Board of Directors is promoting Garland R. Shaw to Senior  Vice President and Chief Financial Officer, effective August 1, 2014, and that  Marshall (Mark) D. Smith, the current Senior Vice President and Chief  Financial Officer, is resigning to accept a new position at a larger company.  Mr. Smith will continue in his current role until August 1, 2014 to assist  with second quarter financial reporting.  http://photos.prnewswire.com/prnvar/20020226/DATU029LOGO  "We congratulate Garland on his promotion to Senior Vice President and Chief  Financial Officer. He has a wealth of experience in the oil and gas industry,  and we are confident he will continue to make significant and valuable  contributions to our business in his new role," stated Michael D. Watford,  Chairman, President and Chief Executive Officer. "We also wish Mark every  success in the next stage of his career.  He has been a valued member of our  senior management team for many years, and we greatly appreciate his efforts  on behalf of our company."  Since joining Ultra Petroleum in 2006 as Corporate Controller, Mr. Shaw has  earned roles with increasing leadership and responsibility, including his  promotion to the executive leadership team as Vice President and Controller in  2013. He has over 30 years of experience in the oil and gas industry,  including accounting, financial analysis, and economic evaluation for large  multi-national energy companies. Mr. Shaw earned an undergraduate degree in  Accounting from Oklahoma State University and holds a Master of Business  Administration from the University of Dallas. He is a Certified Public  Accountant in the state of Texas.  About Ultra Petroleum  Ultra Petroleum Corp. is an independent energy company engaged in domestic  natural gas and crude oil exploration, development and production. Ultra is  listed on the New York Stock Exchange and trades under the ticker symbol  "UPL".  This release and additional information about the Company can be found  at http://www.ultrapetroleum.com.  Logo - http://photos.prnewswire.com/prnh/20020226/DATU029LOGO    SOURCE  Ultra Petroleum Corp.  Kelly L. Whitley, Director, Investor Relations, Phone: 281-582-6602, Email:  kwhitley@ultrapetroleum.com  CO: Ultra Petroleum Corp. ST: Texas NI: OIL UTI 2575 WNEWS  
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