PLANO, TX,
March 21, 2013 /PRNewswire/ - Santa
Fe Petroleum, Inc. (the "Santa Fe") (OTCBB: SFPI) announced today
Charles K. Dargan II as the
Company's Chief Financial Advisor to consult with management in
relation to the Companies new growth opportunities.
"We are privileged to have such a wealth of experience and
expertise to augment our current team," said Tom Griffin, CEO and Chairman of the Board of
Santa Fe Petroleum, Inc. "I am pleased to welcome Charles on behalf
of Santa Fe Petroleum, Inc., and I am certain he will contribute
significantly towards the Company executing on its growth
strategy."
Santa Fe Petroleum, Inc. recently announced plans to continue to
develop and implement its plan towards production. The Company also
announced recently that it anticipates continuing its research and
identifying opportunities to acquire a potential additional
10,000-20,000 acres in the area adjacent to the Company's test
well.
"I am honored to serve as the Chief Financial Advisor of
Santa Fe Petroleum, Inc.," said
Dargan. "I look forward to continuing to work closely with the
board and the leadership team to successfully execute our growth
strategy by capitalizing on a great opportunity to enter into
production and to expand further into the exploration and
production business over the long term."
Charles K. Dargan II is the
founder and Chief Executive Officer of CFO 911 Corporation, an
organization of senior executives that provides sophisticated
accounting, finance and operational expertise to both public and
private companies who are at strategic inflection points of their
development and helps them effectively transition from one business
stage to another. CFO 911 professionals have amassed a unique depth
and breadth of operational and financial experience developed by
having worked as Presidents, COOs and CFOs of Fortune 500 firms,
micro-cap publicly traded companies, private emerging growth
companies and not-for-profit organizations.
One of the CFO 911 industry specialties is in the broadly
defined energy industry which includes traditional oil and gas
companies in exploration and development, transportation, specialty
services and refining as well as alternative or "Green" energy with
an emphasis on renewable energy.
Mr. Dargan has also served as the Chief Financial Officer and
Chief Operating Officer of both public and private companies
including Semotus Solutions, Inc., a wireless mobility software
company and BioLargo, Inc. a disinfectant and sterilization
company. Mr. Dargan served as a director of Banks.com, Inc., 411
Web Directory, Inc., SingleTree Resources LLC and Anchor Audio,
Inc. Further, Mr. Dargan began his finance career in investment
banking with Drexel Burnham Lambert
and later became Managing Director of two regional firms, including
Houlihan Lokey Howard & Zukin,
where he was responsible for the management of the private
placement activities of the firm. Mr. Dargan received his B.A.
degree in Government from Dartmouth
College, his M.B.A. degree and M.S.B.A. degree in Finance
from the University of Southern
California. Mr. Dargan is a CPA and CFA and is licensed as a
general principal and a financial and operations principal in the
securities industry.
About Santa Fe Petroleum Inc.
Santa Fe Petroleum, Inc. is an exploration stage oil and gas
company with leases to over 1,700 acres of property located in the
Barnett and Marble Falls oil
segment of North Central Texas.
Management has over 50 years of combined oil and gas development
and production experience and plans to bring its current leases
into production while also undertaking a lease acquisition campaign
in the surrounding areas. For more information on Santa Fe, please visit
www.sfpetroleum.com.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy securities in any jurisdiction.
Safe Harbor: This release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements contained in this release that are
not historical facts may be deemed to be forward-looking
statements. Investors are cautioned that forward-looking statements
are inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approvals for
anticipated actions.
SOURCE Santa Fe Petroleum, Inc.