Yuma Energy, Inc. and Davis Petroleum Acquisition Corp. jointly announced 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. The combined company will be led by Sam L. Banks, Yuma's President and Chief Executive Officer. The company also announced its newly constituted board of directors consisting of Richard K. Stoneburner (non-executive Chairman), Sam L. Banks, James W. Christmas, Frank A. Lodzinski, and new directors Stuart E. Davies, Neeraj Mital and J. Christopher Teets.