Yuma Energy, Inc. (NYSEMKT:PDO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Yuma Energy, Inc. (NYSEMKT:PDO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 20, 2016, Mr. Stuart E. Davies, a member of the board of directors (the “Board”) of Yuma Energy, Inc. (the “Company”), resigned from the Board and as a member of the Audit Committee of the Board and the Nominating Committee of the Board. Mr. Davies’ decision to resign from the Board was not the result of any disagreement with the Company or the Board.


About Yuma Energy, Inc. (NYSEMKT:PDO)

Yuma Energy, Inc. is an independent exploration and production company. The Company is oil and gas company focused on the acquisition, development and exploration for conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. It has approximately 13.3 million barrel of oil equivalent (Boe) of proved reserves. Its operations are focused on onshore assets located in central and southern Louisiana, where it is targeting the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex and Hackberry formations. In addition, it has a non-operated position in the Bakken Shale in North Dakota and operated positions in Kern and Santa Barbara Counties in California. Its Greater Masters Creek Field properties are located in the Austin Chalk Trend in west central Louisiana. It also has interests in La Posada, Livingston, Lake Fortuna Field, Gardner Island and Branville Bay, Kern County Field Area, Livingston 3-D Project and Amazon 3-D Project in Louisiana.

Yuma Energy, Inc. (NYSEMKT:PDO) Recent Trading Information

Yuma Energy, Inc. (NYSEMKT:PDO) closed its last trading session down -4.157 at 0.963 with shares trading hands.