Saxon Oil Welcomes New President

Saxon Oil announced Ted Wooten as the new President of Saxon, effective immediately.

"We are excited to have Ted lead the Company," commented Steve Saxon. "Ted's broad technical and operational experience will benefit the development of Saxon's domestic and international projects and along with new capital, will allow the Company to further develop existing assets and pursue new projects."

Mr. Wooten has over 30 years of international oil and gas operational experience. His experience includes stimulation design and reservoir performance optimization, wellbore design and planning, including the use of 3D seismic data, drilling coordination, completion and production operations. Mr. Wooten has worked for Schlumberger, Kerr McGee, the University of Oklahoma, Halliburton, Bluegrass Energy and most recently as VP of Operations with MLC Operating.

Mr. Wooten received his B.S. in Petroleum Engineering from the University of Missouri-Rolla and has published articles on the Permian Basin and hydraulic fracturing.



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