Victory Energy Corporation announced the election of Patrick Barry to serve on the company's board of directors, together with the company's existing directors, Dr. Ronald Zamber, David McCall, Robert Grenley and Kenny Hill. Barry was also elected to serve as chair of the audit committee.
'Patrick has been working with us as a consultant for almost two years. He has extensive knowledge of our business operations and maintains a great relationship with our executive team. During that time, we have spent a considerable amount of energy rebuilding our financial business processes, accounting back-office support and our reporting capabilities in Austin, Texas. Patrick's appointment to chairman of the audit committee is very timely. The imminent release of the company's re-stated and consolidated historical financials and this appointment, mark a turning point for our ability to deliver accounting transparency and timely filings. We look forward to working with Patrick as we take the company to the next level,' said Kenny Hill, Victory Energy CEO.