SOCU Commences Sweeping Changes

SOCU Commences Sweeping Changes

Standard Oil Company USA Inc.(US Stock Symbol: SOCU) today announces a sweeping change. This information is being provided to ensure ongoing market disclosure requirements are maintained as the company moves forward with these changes to take advantage of potential new opportunities.

Company Officers and Company Directors Mr. Ronald Brooks, Shirley Leiben and Stan Casad are no longer involved in the operations or management of the company.

Mr. Alan Muller of Queensland, Australia has assumed the position of company President/CEO and Mr. Maurice Byrne has recently been appointed as Chairman and Secretary.

“We feel that changes are needed to be made in the interests of shareholders, allowing the company to explore other objectives. It is time to review the company’s current direction, evaluate and make changes accordingly.'

“We will continue to refine the company and look for new opportunities and we are also in the process of a company name change request through FINRA.” Alan Muller stated. 

 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.