CORPUS CHRISTI, Texas, July 12, 2010 (GLOBE NEWSWIRE) -- Strategic American Oil Corporation (OTCBB:SGCA) (the "Company") is pleased to announce it has appointed Steven Carter to the Board of Directors of the Company, effective July 8, 2010.
Mr. Carter has served as Vice President of Operations since December 20, 2006. Mr. Carter is a registered professional engineer with twenty-nine years of management and engineering experience in oil and gas exploration, production operations, reservoir management, and drilling. Mr. Carter served as Operations Manager and Operations Engineer for T-C Oil Company from 1990 to June 2003, where he managed significant production, supervised drilling, provided economic evaluations and designed project workovers, as well as performing numerous other engineering services. In July 2003, Mr. Carter started Carter E&P, LLC, an independent oil and gas company, where he has worked from 2003 to the present. Mr. Carter has a B.S. in Petroleum Engineering from the University of Texas at Austin. He currently resides in Portland, Texas.
Steven Carter stated, "I am delighted to be given the opportunity to serve on the Board of Directors for Strategic American Oil. Strategic is a company with significant oil and gas growth potential. I look forward in helping make this potential actualized in value for the company and its shareholders."
Jeremy Driver, President and CEO, stated, "Steven is a true asset to this Company. His years of experience in the Texas oilfields are invaluable to us and we are fortunate to have him heading our Texas field operations. He has consistently demonstrated conservative and wise judgment which is always a valuable commodity in business. It only makes sense to leverage his strengths further as a member of the board."
About Strategic American Oil Corporation
Strategic American Oil Corporation (OTCBB:SGCA) is a growth stage oil and natural gas exploration and production company with operations in Texas, Louisiana, and Illinois. The Company's team of geologists, engineers, and executives leverage 3D seismic data and other proven exploration and production technologies to locate and produce oil and natural gas in new and underexplored areas. The Company seeks accretive acquisitions of production, reserves, or other companies that will provide significant growth potential. Further information can be found on the Company's website at www.strategicamericanoil.com.
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