FridayFeb 19, 2010 12:07 pm

Strategic American Oil Corp. (SGCA.OB) Profits from Advanced Technology and Partnerships

Strategic American Oil Corp., an exploration and production company with operations in Texas, Louisiana, and Illinois, draws upon an internationally recognized team of geologists, engineers, and executives, with the objective of identifying and acquiring high potential oil and gas projects, and developing them to their full potential. To do this, SGCA has come up with and implemented a 3-tier growth program: • Develop salable drilling prospects, retaining a carried interest to casing point • Drill offset wells, retaining a majority of the working interest • Develop secondary recovery (waterflood) projects • Increase production by reworking existing producing or previously producing…

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ThursdayAug 06, 2009 9:57 am

Strategic American Oil Corp. (SGCA) Leases Additional Acreage in Illinois Basin which may have Major Impact on Productivity

Strategic American Oil Corporation is an up and coming young exploration and production company that made a major splash in the financial sector on August 6 when it announced that it has leased additional acreage in the Illinois Basin, which has the potential to recover approximately 4 billion barrels of oil according to the Illinois State Geographical Survey (ISGS). Strategic has made their mark in Illinois with their mass amount of coverage. Currently, Strategic has leased 2,757.9 acres which cover several prospects in Jefferson County. In addition to this, the company leased 213.84 acres in Hamilton County which has been…

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