Strategic American Oil Corporation
CEO: Jeremy Driver
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.