|By Marketwired .||
|December 4, 2013 07:03 PM EST||
PORTLAND, TN--(Marketwired - December 04, 2013) - Southern Energy Group, Inc. (SEG) announces the addition of STANLEY L. KING as its Senior Vice President of Exploration & Development. Mr. King is a Certified Petroleum Geologist and Licensed Texas Geologist with fifty-eight years of experience practicing, assessing, and analyzing geologic methods in the state of Texas as well as the performance of numerous services in multiple capacities within the oil industry across the globe.
King's professional history began with the U.S. Army Corps of Engineers constructing maps involving numerous areas around the globe. His next pursuit resulted in a 20-year post with Texaco as District Geologist and Division Exploration Coordinator for Venezuela and Africa, among others. His numerous exploits thereafter resulted in positions ranging from the U.S. Chief Geologist for Columbia Gas Development to President of National Exploration and Development until his current capacity as a Geologic Evaluation Consultant for Randall & Dewey, Inc., a firm specializing in acquisitions and divestiture packages that was recently acquired by Jeffries Group, Inc. This firm represents the largest, most experienced advisory group dedicated to the energy sector and made up of a global talent base of geoscientists, engineers, transaction specialists, management experts, and finance professionals.
Mr. King's extensive knowledge and expertise in a multitude of capacities pertaining to Texas oil development uniquely qualifies him to assess the merits of enhanced recovery efforts, having actively participated in the drilling, completion, and treatment of over 300 Austin Chalk wells as Vice President of Exploration for NRG Exploration. As such, Mr. King is considered an authority on the subject of oil development in this area.
Southern Energy Group, Inc. is engaged in the oil and gas business, with operations located primarily in Texas. The Company's ultimate strategic focus is the development of oil and natural gas properties and production of its reserves. The Company believes that its oil and natural gas development strategy will provide growth to the Company in the future. Anthony White, President, stated, "We have worked diligently to become a recognizable force in today's energy market. We've enjoyed a prosperous 2013 and look forward to additional opportunities for development next year and beyond with the addition of Mr. King to our team."
Southern Energy is a Tennessee based oil and natural gas exploration company. Southern Energy and its experienced management team are well situated to take advantage of the many opportunities that are present in today's energy markets. Southern feels that with the stabilization of higher than average oil prices, it is positioned to profit in today's booming energy market.
Forward Looking Statement
This press release may contain "forward-looking statements" defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.