AUSTIN, Texas, April 12, 2017 /PRNewswire/ -- P

AUSTIN, Texas, April 12, 2017 /PRNewswire/ -- Paradise Ridge Hydrocarbons, Inc. (OTC Pink: PRGE) announced today that the company has brought in a new CEO to oversee the restructure of the existing operations of the corporation. Paradise Ridge will continue to operate in the oil and gas arena, but will be recast itself as a holding company at the parent level, thus enabling the company to branch out into additional areas, including real estate, entertainment and technology. Paradise CEO Gordon Johnson was brought in back in September 2016 to oversee this change in corporate focus and direction. Johnson recently stated, "We have an incredible base of talent here at Paradise Ridge that will enable the company to expand its corporate reach into other areas, while we continue our efforts to build a sustainable and profitable energy business. I am personally very excited about the future of the company."