James F. Link Joins Board of Pacific Asia Petroleum

Pacific Asia Petroleum, Inc. announced that it has appointed James F. Link, to its Board of Directors, effective July 22, 2008. Mr. Link was the former Treasurer and Vice President of Finance and Risk Management of Texaco Inc. (now Chevron Corporation).

"Jim's leadership in finance and risk management for one of the world's largest energy companies will add great depth and bring immediate value to our Board and to our company as we execute on our business plans to deliver shareholder value," said Pacific Asia Petroleum President & CEO Frank C. Ingriselli. "We welcome Jim and his future guidance and good counsel."

Mr. Link, 63, retired as Treasurer and Vice President of Finance and Risk Management of Texaco Inc. in late 2001 upon Texaco's merger with Chevron Corporation.

Mr. Link is a Board Member of Nehemiah Commission, a not-for-profit social services agency providing services to "at-risk'' children in Fairfield and New Haven counties in Connecticut. He also is a Board Member of the Oak Hill School-CT Institute for the Blind Foundation, headquartered in Hartford, Connecticut, which helps people with disabilities in communities throughout Connecticut.


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