Citadel Exploration, Inc. (COIL:OTC:QB), is pleased to announce the appointment of Philip J. McPherson as Citadel Exploration's new Chief Financial Officer.

Citadel Exploration’s President and CEO, Armen Nahabedian, commented, "I would like to thank Mr. Whitcomb for the time and effort he put into Citadel Exploration and I am extremely pleased to announce Mr. McPherson as his replacement. Phil has extensive experience and his financial acumen is a perfect complement to Citadel Exploration’s portfolio of California-focused exploration and exploitation opportunities."

Mr. McPherson has spent the past 15 years in the financial industry. Most recently he served as Managing Director of Global Hunter Securities energy group. Mr. McPherson received a Bachelor’s degree in Economics from East Carolina University.