Yuma Energy, Inc. (AMEX:YUMA) has retained Seaport Global Securities LLC to advise the company on its strategic and tactical alternatives, including possible mergers, acquisitions and divestitures. Yuma Energy will continue to consider opportunities that are in the best interests of the company and its stockholders, with respect to specific measures regarding the continued listing of the company's common stock on the NYSE American, including the potential to seek approval of the company's stockholders to permit its board to effect a reverse stock split of the company's common stock.