Victory Energy Corporation’s board of directors has approved the addition of Mr. Ralph Kehle as a new independent board member. Mr. Kehle is both a successful industry executive and as a scientist, has to his credit several very large discoveries. The position is effective July 1, 2014.
"We welcome Ralph to our board and look forward to his contributions. His extensive Permian Basin relationships, technical capabilities and entrepreneurial skills align nicely with our growth through acquisition and development strategy," said Kenny Hill, Victory's CEO. "Ralph has been a CEO of a publicly traded company, managed large investment partnerships and has extensive board and advisory experience. All of these skills dove-tale nicely with our current business plans. He has been active in the Permian Basin for over 30 years and will help the Company extend its already deep relationships, while also helping us sharpen our long term goals and objectives. We look forward to his thoughtful contributions in the coming months and years."