Thursday, July 30, 2009

Savoy Energy Corp.’s (SNVP.OB) Recent Board Member Additions

Savoy Energy Corporation, an independent oil and gas company based in Houston, recently announced three new appointments to its Board of Directors. All have extensive experience in their individual fields, and are scheduled to fill the positions until the next regularly scheduled shareholder meeting, at which time they can be voted on by voting shareholders.

• William F. Howell has 47 years of oil and gas experience, both onshore and offshore, and has worked as a geologist in Oklahoma, Texas, the Gulf of Mexico, and overseas in Libya. He began his career as an exploration geologist at Continental Oil Company for 13 years, followed by 6 years as Gulf Coast Exploration Manager for Mesa Petroleum where he originated prospects and organized a bidding group for the Gulf of Mexico Shelf Exploration. He founded Paragon Petroleum in 1978, where he still serves, and was also Exploration VP for Roberts Oil & Gas until 1988. From 1989 to 2000, he was Sr. Exploration Advisor for Hardy Oil & Gas, and also participated in its transition to Mariner Energy. He continues today to serve as President of Paragon Petroleum.

• Raymond A. Crabbe has had 35 years of experience, with extensive work in the areas of pipeline, chemical, petrochemical, and refining, including offshore work. His domestic and international career covers all 50 states, along with South America, Russia, Asia, Indonesia, Canada, Africa, the Middle East, and the Virgin Islands. His expertise includes a range of oil and gas gathering, pipeline, storage, transmission, and loading facilities development. He has worked for Chevron and STV Inc., and currently works for Mustang Engineering. He has a BS degree in Construction Management, with an MBA in Management.

• Charles J. Jacobus has 36 years as an accomplished real estate attorney and publisher, and maintains a law office and affiliation with many real estate associations relating to commercial and residential real estate law in Texas. He has published numerous books focused on Texas, as well as Georgia and Ohio real estate law, co-authoring many of them. He holds a State Bar of Texas license, and a Texas Real Estate Broker license. He received his Doctor of Jurisprudence from the University of Houston, and has an AV Rating from Martindale-Hubbell.

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