Pacific Asia Petroleum Appoints William E. Dozier to Its Board of Directors and Chairman of New Technical/Operating Committee

Pacific Asia Petroleum Appoints William E. Dozier to Its Board of Directors and Chairman of New Technical/Operating Committee
Mr. Dozier Was Former Senior V.P. of Business Development and V.P. of Operations At Vintage Petroleum Inc. Which Was Acquired by Occidental Petroleum Corp in 2006 for $3.8 Billion
On Wednesday May 13, 2009, 9:00 am EDT
HARTSDALE, N.Y., May 13, 2009 (GLOBE NEWSWIRE) -- Pacific Asia Petroleum, Inc. (OTCBB: PFAP) today announced the appointment of William E. Dozier to its Board of Directors to succeed Laird Q. Cagan. Mr. Dozier's appointment will further enrich the Company's managerial experience, bringing in a wealth of technical and operational expertise at the Board level.
Mr. Dozier has also been named as the Chairman of the Company's newly formed Technical/Operating Committee.
Mr. Dozier has over 34 years of technical and operational experience in the U.S. and the international oil and gas industry.
Mr. Dozier held several key executive positions including Senior Vice President - Business Development and Vice President Operations, during his 13-year career at Vintage Petroleum, Inc. (a large publicly-traded independent oil and gas company), which was acquired by Occidental Petroleum for $3.8 billion in 2006. At Vintage, Mr. Dozier demonstrated his outstanding leadership in a wide spectrum of business activities in the global oil and gas industry, including the acquisition and establishment of engineering, administrative and field operations for both U.S. and international projects.
Since 2005, Mr. Dozier has served as an independent consultant and President of Extex Consulting, Inc. and since 2005 continues to sit on the Board of Evolution Petroleum Corporation, a Houston-based public company involved in the acquisition, exploitation, development, and production of crude oil and natural gas resources.
Commenting on the addition to the Board, President and CEO, Frank C. Ingriselli said, ``We are very grateful for Mr. Cagan's contributions to Pacific Asia's success over the last two years. His decision to step down in order to permit the appointment of Mr. Dozier has facilitated the addition to the Company of a proven international oil and gas industry executive who will bring immediate operational and technical skills to our Board and the newly formed Technical/Operating Committee. This comes at a crossroads for our Company as we execute on our business plan and bring several of our projects into the commercialization phase and the commencement of production. An expert on the Board and our new Committee of Mr. Dozier's caliber will bring immediate benefits to the Company, by leaning on his cross-functional international leadership and experience.''
For more information on Mr. Dozier's biography, please visit Pacific Asia Petroleum's website at http://www.papetroleum.com
About Pacific Asia Petroleum, Inc.:
Pacific Asia Petroleum, Inc. engages in the business of oil and gas exploration, development, production and trading in Asia and the Pacific Rim countries, with a specific focus on developing a broad range of energy opportunities, including clean and environmentally-friendly natural gas ventures, in China. The company's executive offices are located in Hartsdale, New York, and the company also has offices located in Beijing, China and California.
Cautionary Statement Relevant to Forward-Looking Information for the Purpose of ``Safe Harbor'' Provisions of the Private Securities Litigation Reform Act of 1995. Some of the items discussed in this press release are forward-looking statements about Pacific Asia's activities in the People's Republic of China. Words such as ``anticipates,'' ``expects,'' ``intends,'' ``plans,'' ``targets,'' ``projects,'' ``believes,'' ``seeks,'' ``estimates,'' ``budgets'' and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. Among the factors that could cause actual results to differ materially are changes in prices of, demand for and supply of crude oil and natural gas; actions of competitors; results of additional testing; timely development of the field; the potential disruption or interruption of testing and development activities due to accidents, political events, civil unrest, or severe weather; government-mandated restrictions on scope of company operations; general economic and political conditions; the company's ability to successfully consummate the contemplated acquisitions on terms and conditions satisfactory to the company, and to successfully integrate the acquired entities and operations into the company's business; and other risks described in the company's filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Pacific Asia undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. On May 8, 2009, and ending on May 7, 2011, Liviakis Financial Communications, Inc. (“LFC”) was retained by Pacific Asia Petroleum, Inc. in various consulting capacities including strategic management planning, investor relations and other business development responsibilities. In lieu of paid expenses, salaries or commissions, LFC may be compensated in restricted shares of stock totaling as much as 790,000 shares. In addition, John Liviakis and/or LFC purchased an additional 1,080,000 shares. Officers and employees of LFC may buy or sell shares in Pacific Asia Petroleum, Inc. prior, during or after this release. LFC advises Pacific Asia Petroleum, Inc. but does not provide investment advice. LFC is not a registered investment advisor or broker-dealer. All material provided regarding Pacific Asia Petroleum, Inc. including, but not limited to its history, corporate status, and other developments was prepared using information approved and signed off by Pacific Asia Petroleum, Inc. management as approved for public dissemination. Although the information contained herein is believed to be reliable, LFC makes no warranties as to the accuracy of the description of any of the content herein and accepts no liability for how readers may choose to utilize it.
Contact:
Pacific Asia Petroleum, Inc.
Media Contact:
Bonnie Tang
914-472-6070
bonnietang@papetroleum.com
250 East Hartsdale Ave.
Hartsdale, NY 10530
www.papetroleum.com

Liviakis Financial Communications, Inc
Investor Relations Contact:
John Liviakis
(415) 389-4670
John@Liviakis.com
655 Redwood Hwy, Suite 395
Mill Valley, CA 94941
www.liviakis.com