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STANDARD OIL COMPANY USA, INC. (SOCU) Chairman's and CEO's Welcome Note to Shareholders


Published on 2010-05-18 07:30:19 - Market Wire
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DALLAS, TX--(Marketwire - May 18, 2010) - STANDARD OIL COMPANY USA, INC.'s (PINKSHEETS: [ SOCU ]) Chairman, Ronald Brooks, and CEO, Jordan Kacic, welcome all the International Energy shareholders as new Standard Oil shareholders. Both new and future Standard Oil Shareholders are invited to be part of our Team and Family.

Mr. Ronald Brooks, Standard Oil Company's Chairman is quoted as saying, "I would like to take this opportunity to express my excitement with the name change and to thank FINRA for their efforts and work. We are now postured to roll out and execute a business plan we believe to be the seed for the mighty oak tree of tomorrow. Standard is now ready to evaluate multiple opportunities and proceed with negotiations that will move Standard back to a level of respectability its historical name represents. In the coming weeks our business plan will begin to be implemented. The business plan will be disclosed to the public market(s) as well as to our shareholders."

Mr. Jordan Kacic, Standard Oil's CEO, is quoted as saying, "We appreciate this opportunity together with our new, old and future shareholders to begin to build the company as its historic name deserves. Our job is clear at this point; vend in revenue generating assets and leases which will immediately benefit shareholders through equity appreciation."

About Standard Oil Company USA, Inc.

Standard Oil Company USA, Inc. (PINKSHEETS: [ SOCU ]) is a leading independent energy company headquartered in Dallas, Texas, and focused in the acquisition, development, production, exploration for, and the sale of oil, natural gas and hydrocarbon liquids.

The company is currently evaluating drilling projects both domestically and in the near future international.

For more information visit our website at: [ www.standardoilcompanyusa.com ].

Forward Looking Statements

This news release contains forward-looking statements made by STANDARD OIL COMPANY USA, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.