The Board of Directors of Petro-Victory Energy is very pleased to announce that Dr. Richard Hubbard has joined the Company's executive management team effective today. In his new role as President of Petro-Victory, Dr. Hubbard will lead all facets of the Company's exploration and production efforts in Paraguay and elsewhere, globally. Simultaneously, Dr. Hubbard has joined the Company's Board of Directors. Richard Gonzalez will remain Chairman and Chief Executive Officer.
Dr. Hubbard has previously served in a wide range of senior leadership positions at BP, Statoil, Orion California and most recently President Energy. Dr. Hubbard is a Stanford graduate with 40 years worldwide experience and has held leadership positions throughout the international E&P business.