Yuma Energy, Inc. announced that it has been notified by its lender, YE Investment LLC, an affiliate of Red Mountain Capital LLC.("Red Mountain"), that all outstanding payments under its existing Credit Agreement are currently due and that its Restructuring Agreement with Red Mountain has been terminated. Yuma disclosed that it was not in compliance with the various terms of the Restructuring Agreement and related credit arrangements, and no further funds were available to Yuma under the facility. On April 3, 2020, Yuma Energy and its related affiliates received written notice from Red Mountain that numerous defaults and events of default have occurred and are continuing under the Credit Agreement and the other loan documents, including failure to pay interest within the time provided and failure to comply with other covenants. Consequentially, Red Mountain has terminated all loan commitments and has accelerated the payments including accrued interest, fees and other obligations, are now due immediately. Also, Yuma received simultaneous written notice from Red Mountain that the Restructuring Agreement and related Voting Agreement have been automatically terminated.