Strategic American Oil Corporation Appoints Jeremy Driver as President and
Chief Executive Officer


    



    
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<p>CORPUS CHRISTI, Texas, <chron>Dec. 1</chron> /CNW/ -- Strategic American Oil Corporation (OTC Bulletin Board:   SGCA) (the "Company") is pleased to announce it has appointed <person>Jeremy Driver</person> as the new President and Chief Executive Officer of the Company, effective <chron>December 1st, 2009</chron>. <person>Mr. Driver</person> succeeds <person>Randall Reneau</person>, who will continue to serve as Chairman of the Board of Directors.</p>
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<p>With a solid background in upstream oil and gas, specifically in Texas and Louisiana, <person>Mr. Driver</person> brings proven experience, leadership, and professional skills to a growing company. Most recently, he served as President of HYD Resources Corporation (wholly-owned subsidiary of publicly traded firm - Hyperdynamics Corporation, an operating oil and gas company headquartered in <location>Houston</location>, TX. <person>Mr. Driver</person> led the turn-around of HYD Resources ultimately bringing it to profitability and later focusing on strategic acquisitions to increase acreage, reserves, and daily production.</p>
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<p>Prior to his tenure at HYD Resources, <person>Mr. Driver</person> served honorably with the <location>United States</location> Air Force as an Officer, Chinese Linguist, and foreign intelligence specialist. He holds a Master of Business Administration degree as well as a Master of Science in Accounting degree from Northeastern University and while serving in the military he earned his B.S. in Liberal Studies, Chinese Language from Excelsior College.</p>
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<p><person>Mr. Driver</person> aims to strengthen the Company's profile with the investment community, develop merger and acquisition strategies, and further identify oil and gas development projects that meet the Company's exacting standards.</p>
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<p><person>Randall Reneau</person>, Chairman stated, "Jeremy's extensive oil and gas experience while with HYD in <location>Houston</location>, including projects in Texas and Louisiana, two of the Company's core operational areas, along with his strong educational background make him a valuable addition to the Strategic American team.  I am also very pleased that he will be working out of the Company's Corpus Christi office where the balance of our operational staff is based.  Jeremy has an excellent understanding of both the operational aspects of an oil company and the management of a public company.  I am very proud to be introducing Jeremy to this Company and working with him to increase our shareholder value."</p>
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<p>"I am very excited to be joining the Strategic American Oil team," said <person>Mr. Driver</person>.  "I believe strongly that with our impressive portfolio of prospects, our first-class team of geologists and engineers, and our solid financial positioning we are poised for remarkable growth in the very near future."</p>
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    About Strategic American Oil Corporation

    
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<p>Strategic American Oil Corporation (OTCBB: SGCA) is an exploration and production company with operations in Texas, Louisiana, and Illinois.  The company draws on an internationally recognized team of geologists, engineers, and executives with extensive oil and gas exploration and production experience. The Company's objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential.</p>
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    www.strategicamericanoil.com

    Safe Harbor Statement
    
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<p>This news release contains forward-looking statements within the meaning of Section 27A of the <location>United States</location> Securities Act of 1933, as amended, and Section 21E of the <location>United States</location> Securities and Exchange Act of 1934, as amended.  Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.  These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.  Such risks and uncertainties may include, but are not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment or human resources, the effect of economic and business conditions, the ability to attract and retain skilled personnel and factors outside the control of the Company.  These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.  Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate.  Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with the <location>United States</location> Securities and Exchange Commission.  This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.</p>
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For further information: For further information: Investor Relations of Strategic American Oil Corporation, 1-800-643-5815 Web Site: http://www.strategicamericanoil.com

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STRATEGIC AMERICAN OIL CORPORATION

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