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James B. Jennings will become chairman of Hunt Oil Co., and Stephen C. Hurley will become president. Ray L. Hunt will remain as CEO. Jennings has served as president of Hunt since l999. In addition to his duties as chairman, Jennings will continue to oversee the development of liquefied natural gas as a new line of business for the company, including Hunt's Peru LNG project. Hurley will assume overall day-to-day responsibilities for company operations, including exploration, production and marketing.
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