SOURCE: International Energy Ltd. Inc.

March 18, 2010 08:52 ET

Standard Oil Company USA, Inc. (OTC: ILGL) Announces Its New Board of Directors

TAMPA, FL--(Marketwire - March 18, 2010) -  STANDARD OIL COMPANY USA, INC. (PINKSHEETS: ILGL), formerly International Energy LTD, is proud to announce that it has completed the appointment of a new Board of Directors.

Mr. Ronald Brooks, Chairman
Mr. Jim McCormick, CEO and Director
Mr. Stan Casad, President and Director
Ms. Shirley Lebien, Director
Mr. Lee Hanh, Director
Mr. John Probandt, Director
Mr. Don Teeters, Director
Mr. Norman C. Buenaflor, Director

Mr. Ronald Brooks, Standard Oil Company USA's Chairman, is quoted as saying, "We are honored to be representing the shareholders' interests in a new company on the brink of greatness. Standard Oil Company is a famous name from America's rich oil and gas history and Standard Oil Company USA will become just that in America's oil and gas future."

About Standard Oil Company USA, Inc.

About Us Statement: Standard Oil Company USA (PINKSHEETS: ILGL) is a leading independent energy company headquartered in Dallas, Texas and focused on oil and gas drilling, lease development and trading. Standard Oil Company, Inc., through its global network of buyers and sellers, along with its staff of seasoned oil, gas, refined fuels, trading professionals, drilling crews, engineers, attorneys and CPAs, will help facilitate the ease of transaction between buyers and sellers of actual, tangible oil and gas leases refined fuels allocations. Together with this, Standard Oil Company USA continues to search to acquire new oil and gas lease properties for exploration and future development both domestically here in the USA as well as internationally.

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

The company is already working on drilling projects domestically and soon will begin internationally.

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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