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Latest Strategic American Oil Corporation Stories

2009-12-01 08:00:00

CORPUS CHRISTI, Texas, Dec. 1 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA) (the "Company") is pleased to announce it has appointed Jeremy Driver as the new President and Chief Executive Officer of the Company, effective December 1st, 2009. Mr. Driver succeeds Randall Reneau, who will continue to serve as Chairman of the Board of Directors. With a solid background in upstream oil and gas, specifically in Texas and Louisiana, Mr. Driver brings...

2009-11-17 08:00:00

CORPUS CHRISTI, Texas, Nov. 17 /PRNewswire/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA; the "Company") is pleased to announce that, effective on November 13, 2009, the Company completed a private placement (the "Private Placement") financing involving the sale of an aggregate of 5,250,000 units of the Company (each a "Unit") to twelve purchasers (each a "Purchaser") at a subscription price of $0.20 per Unit and for gross proceeds of $1,050,000. Taking into account...

2009-11-10 08:00:00

CORPUS CHRISTI, Texas, Nov. 10 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA; the "Company") is pleased to announce has acquired the exclusive rights to an oil and gas database containing approximately 40 years of oil and gas prospect information including well logs and related structure and isopach maps. This data covers portions of South Texas, including areas where the Company is currently reviewing and/or leasing 3D seismic prospects. The...

2009-10-28 08:00:00

CORPUS CHRISTI, Texas, Oct. 28 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA) ("the Company"): is pleased to announce it has completed leasing of over 93% of the mineral interest in the 160 acre Dixon Lease located in the Delhi South Field, Franklin Parish, Louisiana.. The balance of the Material Interest (~7%) is expected to be leased shortly. The Dixon lease contains two temporarily abandoned oil wells at approximately 3400 feet along with two...

2009-10-16 09:04:00

CORPUS CHRISTI, Texas, Oct. 16 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA) (the "Company") is pleased to announce that, effective on October 15, 2009, the Company completed a private placement (the "Private Placement") financing involving the sale of an aggregate of 12,500,000 units of the Company (each a "Unit") to 30 purchasers (each a "Purchaser") at a subscription price of $0.20 per Unit and for gross proceeds of $2,500,000. 10,890,000...

2009-08-06 07:00:00

CORPUS CHRISTI, Texas, Aug. 6 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA) (the "Company") is pleased to announce it has leased additional acreage in the Illinois Basin. The Illinois State Geological Survey (ISGS) has estimated the Illinois Basin has the potential to recover approximately 4 billion barrels of oil. To date, the Company has leased 2757.9 acres covering several prospects in Jefferson County. The Company also leased an additional...

2009-07-31 16:00:00

CORPUS CHRISTI, Texas, July 31 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA); (the "Company") is pleased to announce it has received its fourth 3D seismic survey from Echo Geophysical Corporation. The Ricardo survey covers 33.60 square miles in Kleberg County, Texas, and is located to the North of the Company's Kenedy County 172 sq. mile survey. The Ricardo survey is located within a portion of the prolific Frio Sand trend and lies just North of...

2009-07-21 06:00:00

CORPUS CHRISTI, Texas, July 21 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA);( the "Company") is pleased to announce that it has identified 2 Devonian-Silurian aged Pinnacle Reef (oil) prospects in the Illinois Basin through the research of records from the Illinois State Geological Survey. The prospects are located in Fayette and Macon Counties at depths of between 2000' and 3500' The Company plans to lease approximately 600 acres over the...

2009-07-16 06:00:00

CORPUS CHRISTI, Texas, July 16 /PRNewswire-FirstCall/ -- Strategic American Oil Corporation (OTC Bulletin Board: SGCA) (the "Company") is an exploration and production company focusing on developing oil and gas resources in the United States. The Company is currently producing oil and gas and has proven reserves in both Texas and Louisiana. Led by President and CEO Randy Reneau, Strategic American Oil has a management team with more than 130 years combined oil and gas industry...

2009-07-15 06:30:00

LAS VEGAS, July 15 /PRNewswire/ -- Integrity Media announces the availability of a profile and market update of interest to investors of oil and gas related companies Strategic American Oil Corporation (OTC Bulletin Board: SGCA)- an exploration and production company with operations in Texas, Oklahoma, Louisiana, and Illinois, BP plc (NYSE: BP), Chevron Corporation (NYSE: CVX), Exxon Mobil Corp. (NYSE: XOM), and ConocoPhillips (NYSE: COP). From the report: Strategic American Oil is an...


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jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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