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Standard Oil signed LOI with TXSER to build and develop coal to liquid processing fuel plants here
in the USA.
Dallas, TX, January 25, 2011 --(PR.com)-- Standard Oil USA, INC. (OTC:SOCU), announces that they
have signed a LOI with TXSER for the project developmental management and completion of converting
coal to liquid processing fuel plants, general project management services, and logistical support, project
identified as Coal-to-Liquid (C2L).
Mr. Ronald Brooks, Standard Oil Company USA's Chairman & CEO is quoted as saying, “This is an
exciting day for Standard Oil Company USA. This LOI sets in writing several months of negotiations
between TXSER and Standard Oil Company USA. This LOI is the new direction that Standard Oil
Company intends to focus its expertise. This is a new generation of C2L technology that has shown an
increase in production of refined fuel per ton of coal over existing similar technologies. In addition we are
able to build smaller facilities “micro plants” that will allow us to build facilities closer to regions where
the product can be utilized which addresses the logistical restrictions large scale operations have to
contend with. This direction will benefit all shareholders of Standard Oil Company USA. The projects
will benefit North America to reduce North America's dependency on foreign oil.”
About Us Statement: Standard Oil Company USA (SOCU.PK) 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.
This company is already working on drilling projects domestically and soon will begin internationally.
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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.
Company contact:
Mr. Ronald Brooks at 972.455.9232
info@standardoilcompanyusa.com
www.standardoilcompanyusa.com
Source: Standard Oil Company USA, Inc.
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Contact Information:
Standard Oil Company USA
Ronald Brooks
620-708-4750
ronbrooks@standardoilcompany.com
standardoilcompanyusa.com
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