Ultra Petroleum Corp. announced that William Picquet intends to retire from the company at the end of April 2014. In connection with Mr. Picquet's retirement, Ultra's Board of Directors has promoted Brad Johnson to the role of Senior Vice President, Operations, effective April 1, 2014.

Mr. Picquet joined Ultra in 2005 as Vice President, Operations and was promoted to Senior Vice President, Operations in 2011. Beginning April 1, 2014, Mr. Picquet will serve in a non-executive advisory capacity until his effective retirement date of April 30, 2014. Mr. Johnson joined Ultra Petroleum in 2008 as Director, Reservoir Engineering and Planning before being named Vice President, Reservoir Engineering and Development in January 2011.