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-Yuma Energy, Inc. Announces Completion of Merger with Davis Petroleum Acquisition Corp. and Entry into New Credit Facility

Oct 28, 2016 - ENP Newswire

HOUSTON, TX / ACCESSWIRE - Yuma Energy, Inc. (NYSE MKT: YUMA) and privately held Davis Petroleum Acquisition Corp. jointly announced today that the Davis / Yuma merger was consummated on October 26, 2016 in an all-stock transaction, with Davis becoming a wholly-owned subsidiary of Yuma.

Both Yuma and Davis stockholders approved the transaction at special meetings of their respective stockholders on October 26th. The combined company will be led by Sam L. Banks, Yuma's President and Chief E...