CALGARY, ALBERTA--(Marketwired - Nov 1, 2013) - STRATEGIC OIL & GAS LTD. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce that the expansion and reconfiguration of the Company's oil battery and gas processing plant at Steen River (the "9-17 battery") is complete. Production being processed through the 9-17 battery was shut in [...]
CALGARY, ALBERTA--(Marketwired - Oct 7, 2013) - Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) ("Strategic" or the "Company") is pleased to announce that it has completed its previously announced bought deal financing (the "Offering"). Pursuant to the Offering, the Company has issued 12,650,000 common shares (the "Common Shares") at a price of $0.95 [...]
Strategic Oil & Gas is pleased to announce that its previously announced non brokered private placement of 20,195,000 common shares of Strategic at a price of $0.95 per common share for proceeds of $19,185,250 has closed. The net proceeds from the Private Placement and the previously announced bought deal financing will initially be used to pay [...]
Strategic Oil & Gas is pleased to announce that in connection with its previously announced equity financing, Strategic will increase the size of the financing to a total of 48,299,545 common shares to raise gross proceeds of $48,202,750. Strategic and the syndicate of underwriters co-led by Raymond James Ltd. and Macquarie Capital Markets Ltd. and [...]
Strategic Oil & Gas is pleased to announce that it has entered into agreements to offer a total of 42,050,000 Strategic common shares to raise gross proceeds of $42,002,500. Strategic has entered into a bought deal offering by way of short form prospectus with a syndicate of underwriters co-led by Raymond James Ltd. and Macquarie Capital Markets [...]
Strategic Oil & Gas Ltd. is pleased to provide an operational update of third quarter 2013 drilling activity as well as a production update. Operational Update Strategic commenced its second half drilling program at Steen River in July 2013 and has drilled three new wells - two Muskeg Stack horizontal wells and one Keg River vertical well [...]
Strategic Oil & Gas reports financial and operating results for the three months ended June 30, 2013. In the first half of the year, Strategic increased corporate production by 72 percent to 3,924 Boed from 2,282 Boed for the fourth quarter of 2012, and increased proved and probable reserves by 53 percent to 11.8 MMBoe after accounting for year to [...]
Strategic is pleased to announce the results of a full reserves evaluation of Strategic's assets and a resource assessment of the Muskeg Stack on a portion of the Company's assets at Steen River, as of June 1, 2013, prepared by the Company's independent reserve engineering firm, McDaniel & Associates Consultants Ltd. ("McDaniel"). The reports show [...]
Strategic Oil & Gas reports financial and operating results for the three months ended March 31, 2013. The Company grew production despite operational difficulties and downtime associated with ongoing facility upgrades. Strategic's first quarter capital spending activities set the stage for future growth.
Strategic Oil & Gas is pleased to announce that the following changes were made to its board of directors as a result of last week's annual meeting. Thomas Claugus was named Chairman of the board. He is the President and majority shareholder of GMT Capital Corp. which he founded in 1990. He currently sits on the board of several other companies [...]
Strategic Oil & Gas announces that is has granted 175,000 options at an exercise price of $1.14 to a director of the Company. Each option entitles the holder to acquire an equivalent number of common shares of the Company for a period of five years and was issued in accordance with the Company's incentive stock option plan.
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