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Strategic American Oil (ticker: SGCA) is an exploration and production company with operations in Texas, Louisiana and Illinois.  The company draws on an internationally recognized team of geologists, engineers, and executives with extensive oil and gas exploration and production experience combined with corporate and financial expertise.   SGCA has developed and implemented a multi-tier growth program:

  • Develop salable drilling prospects in-house retaining a carried interest to casing point
  • Drilling of offset wells retaining a majority of the working interest
  • Develop secondary recovery (waterflood) projects
  • Increase production by re-working existing producing or previously producing wells
  • Develop proven undeveloped zones (behind pipe) in existing wells.
  • Acquire currently producing oil and gas wells
  • Complete in-house 3D seismic projects and acquire 3D data where warranted/available

The Company's objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential.

Jan 10, 2012 : Strategic American Oil Adds Production in North Point Bolivar Field
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Dec 21, 2011 : Strategic American Oil Provides First Quarter Results and Operational Update
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Dec 13, 2011 : Strategic American Oil Corporation Completes New Zone in Welder Ranch Well
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Nov 17, 2011 : Strategic American Oil Announces Removal of Auditors' "Going Concern" Opinion
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