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SGCA – Locations Chosen with Eye Toward Production

9:54 PM CST Thu, July 2 2009 StockGuru Blog

While the market is not open again until Monday, I wanted to revisit one of most recent Profile Stocks, Strategic American Oil Corporation (OTCBB: SGCA). The company is focused on domestic production in some of the key areas for oil.

Interestingly enough, the company is headquartered in Corpus Christi, Texas where you will find some of the nation’s biggest oil refineries. I know the area quite well as I am from Corpus Christi originally, and I know the area to have some of the best talent in the industry.

SGCA is no exception. On our StockGuru Profile we have already introduced the company and its professionals. Tonight I want you to do some due diligence on some of the locations they are working.

Strategic American Oil Corporation (OTCBB: SGCA) is an early stage, independent oil and gas exploration and production company.

SGCA has 477.86 gross developed acres and 12,739.93 gross undeveloped acres pursuant to leases or acquisitions in Texas, Louisiana, Oklahoma and Illinois.

Why SGCA?
• World-class geologists, petroleum engineers and land managers
• Astute business model minimizing cash outflow & multiplying growth
• Low political risk with all U.S. projects…Google earth visibility

SGCA Exploration – Production Areas

  • Holt Lease – Louisiana
  • Strahan Lease – Louisiana
  • Dixon Lease – Louisiana
  • Welder Lease – Texas
  • Janssen Lease – Texas
  • Markum City – Illinois
  • NE Oakdale and DST prospects – Illinois

Advantages of Chosen Locations

Texas

• Over 1 billion barrels of oil and gas produced per year in state

• State annually produces over 100,000,000 barrels oil annually

Illinois

• Inexpensive leases and shallow pay zones

• SGCA Senior Geologist has over 30 years experience in Illinois

Oklahoma

• Horizontal drill zones with prolific oil and gas structures

SGCA has the experience on its management team to evaluate oil and gas plays and produce as efficiently as possible.

SGCA Corporate Information
Head Office: Suite 2015, 600 Leopard Street, Corpus Christi, Texas, 78473
Auditors: Dale Matheson Carr-Hilton LaBonte
Engineer: Carter E&P, LLC
Web Site: www.strategicamericanoil.com
Phone: (800) 643-5815

About Strategic American Oil Corporation (OTCBB: SGCA ) is an exploration and development company with operations in Texas, Oklahoma, Louisiana, and Illinois. The Company draws on the experience of an internationally recognized team of geologists, engineers and executives with extensive oil and gas exploration and production experience. The Company’s objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential.

Safe Harbor Statement Except for the statements of historical fact contained herein, the information presented in this profile constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as “forward-looking statements”. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of oil or gas resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labour disputes and other risks of the oil and gas industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Forward looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the United States Securities and Exchange Commission (the “SEC”) (available at www.sec.gov). Such risks and uncertainties may include, but are not limited to, the risks and uncertainties set forth in the Company’s filings with the SEC, such as the ability to obtain additional financing, the effect of economic and business conditions, the ability to attract and retain skilled personnel and factors outside the control of the Company. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company’s periodic reports filed from time-to-time with the SEC.

This profile shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Disclosure: Pentony Enterprises LLC is STOCKGURU.COM, SHAREHOLDERVISION.COM and STREETRESEARCH.COM. 9555 Lebanon Road; Suite 103; Frisco, Texas 75035. (469) 252-3030. Disclosure for SGCA: Pentony Enterprises LLC was compensated a total of 20,000 free trading shares from a non-affiliated third party. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

All Posts and Original Content is (C) 2002-2012 Pentony Enterprises LLC - No use is authorized without prior permission

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