SOURCE: Standard Oil Company USA, Inc.

Standard Oil Company USA, Inc.

June 16, 2010 09:15 ET

Standard Oil Company USA, Inc. (OTC: SOCU) Agrees to Acquire Kentucky Properties From War Creek Energy, LLC

DALLAS, TX--(Marketwire - June 16, 2010) - STANDARD OIL COMPANY USA, INC.'s (PINKSHEETS: SOCU) (http://www.standardoilcompanyusa.com) Chairman, Ronald Brooks and CEO of Standard Oil Company USA, Inc. announces the execution of binding letter of intent to purchase the War Creek Project in War Creek and Mill Creek Districts, Breathitt County, Kentucky. Recorded from War Creek Energy, LLC, this leasehold includes 400 acres plus numerous production wells (immediate revenues) with some of the wells being fully equipped with tank batteries. Surrounding acreage will be available once Standard takes final ownership of these leases.

Ronald Brooks is quoted as saying, "This acquisition will be Standard's entry into Kentucky and only the beginning of our Appalachian accumulation of oil and gas properties. The numerous presently producing wells also mark the commencement of our revenue model."

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.

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