CERTIFICATIONS OF CEO AND CFO PURSUANT TOSECTION 302 OF THE SARBANES-OXLEY ACT

 

**Exhibit 31.01**

**CERTIFICATIONS**

 

I, Bruce A. Hall, certify that:

 

1.          Ihave reviewed this quarterly report on Form 10-Q of Santa Fe Petroleum, Inc. (the “Registrant”);

 

2.          Basedon my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessaryto make the statements made, in light of the circumstances under which such statements were made, not misleading with respect tothe period covered by this report;

 

3.          Basedon my knowledge, the consolidated financial statements, and other financial information included in this report, fairly presentin all material respects the consolidated financial condition, results of operations and cash flows of the Registrant as of, andfor, the periods presented in this report;

 

4.          Iam responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for theRegistrant and have:

 

(a) Designed suchdisclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, toensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by otherswithin those entities, particularly during the period in which this report is being prepared;

 

(b) Designed suchinternal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision,to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements forexternal purposes in accordance with generally accepted accounting principles;

 

(c) Evaluated theeffectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about theeffectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation;and

 

(d) Disclosed in thisreport any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’smost recent fiscal quarter (the Registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected,or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting;

 

5.          Ihave disclosed, based on our most recent evaluation of internal control over financial reporting, to the Registrant’s independentregistered public accounting firm and the audit committee of the Registrant’s board of directors (or persons performing theequivalent functions):

 

(a) All significantdeficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonablylikely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

 

(b) Any fraud, whetheror not material, that involves management or other employees who have a significant role in the registrant's internal control overfinancial reporting.

 

August 13, 2012