Epsilon Energy Ltd. EPSN, -6.50% said Jason Stabell will become the company’s new chief executive and Andrew Williamson will take over as finance chief on July 1 in a leadership transition.

The company said Thursday that Chief Executive Mike Raleigh is resigning from the company and the board of directors, effective June 30. Finance Chief Lane Bond is retiring and will take on a transitional consulting role on July 1.

Stabell will join the board when he takes over as CEO. He has worked in the energy industry since 1998, with a focus on upstream exploration and production. He was previously chief executive of Merlon International LLC.

Williamson has also spent his entire career in the energy business. He recently served as the corporate strategy manager for Petrosantander Inc. He was also corporate development manager and vice president of finance at Merlon International.