Strategic American Oil Corp. (SGCA)

[protostars]

Domestic oil is booming, which is impressive considering the overall economic turmoil faced by much of the world.

[armedical]

It has to do with the turmoil that exist in the countries where our oil is shipped from.

[mwest]

Read a cool piece on the history of investing in Oil, check it out http://dailyreckoning.com/investing-in-oil-a-history/

[stockseeker30]

Thanks for the article, even back in civil war times the value of investing in oil was seen.

[protostars]

Great article, mwest, not only for its rich history of the first oil wells, but for its look at future prospects for Canada, China, etc.

[mwest]

Shows what a nice profit as well as security and power that is wrapped up in countries that invest and secure oil production.

[stockseeker30]

Very nice little increase today as well

[QualityStocks]

Strategic American Oil Corp. (SGCA) Reserves Report Confirms Company’s Strategy

The stated strategy of Strategic American Oil, a growth stage oil and gas exploration and production company, is to avoid risking money on new exploration when the current and anticipated price of oil and gas supports the much safer approach of going after known reserves. Another important part of the company’s strategy is to avoid the risks and costs of foreign sites, by going after the large number of domestic oil and gas opportunities where the infrastructure and ease of access provide additional long term benefits. In the case of Strategic, the company seeks accretive acquisitions of production, reserves, or other companies with growth potential. Their current focus is on proven reserves in Texas, Louisiana, and Illinois, where the company has successfully acquired and developed key projects.

The soundness of Strategic’s approach was recently demonstrated when it received a fiscal year end reserve report for the company’s productive interests in Texas and Louisiana. The report was put together by Ralph E. Davis Associates, a long-established independent Houston-based petroleum engineering consulting firm. The report estimates net proved reserves of 1.2 million barrels of oil, and 12.5 billion cubic feet of natural gas, all of which translates into over $97 million undiscounted (nearly $59 million discounted at 10%).

In addition, the report was released just prior to Strategic’s acquisition of SPE Navigation I, LLC, a Texas based oil and gas exploration company. The acquisition included oil and gas working interests equal to one third of the working interests owned in four producing oil and gas fields in Galveston Bay near Houston. If the SPE interests are added in, reserve numbers increase to an estimated net proved reserves of 1.6 million barrels of oil and 16.6 billion cubic feet of natural gas. This translates into over $128 million undiscounted, or over $77 million discounted at 10%.

For additional information, visit www.StrategicAmericanOil.com

[protostars]

With the price of oil at its current level, in spite of periodic dips and drops, it makes little sense for a small company to risk cold exploration when there is so much oil in the ground that has already been identified.

[QualityStocks]

Strategic American Oil Corp. (SGCA) Takes Advantage of New Oil Dynamic

In all of your life, do you ever remember a time when experts weren’t warning that the world is rapidly running out of oil? It was an easy call, since oil, like any non-renewable resource, is finite, while oil usage continues to grow with industrialization. The fact is that oil has yet to be economically replaced, and, government programs aside, money still tends to rule. The idea that we’ll wake up one day and all of the oil will be gone fails to consider that critical dynamic. Oil doesn’t run out, it just gets tougher and tougher to find and extract, making it more expensive.

Look at the historic price of oil, adjusted for inflation. For years, much of the world’s oil came from the U.S., and the price was largely influenced by controls on production or price. In the early 1970s the price exploded, fueled by the Arab oil embargo, but the 1980s saw the inflation adjusted price of oil fall back down to the $20-$30 per barrel range (in current dollars).

Then, around the turn of the millennium, the world began to change. The fall of communism in the 1990s, and the turn toward capitalism and free markets, together with the rise of the Internet and globalization, created a relentless upward push in industrialization, and the real price of oil began a climb never before experienced. Only during the oil embargo of the 70s has the real price of oil been so high. With oil now in the $90s, the entire petroleum industry is changing. Wells long abandoned are suddenly viewed as liquid gold mines, and even the most intense environmental pressures have failed to stem the growing global demand for fossil fuels, still seen as the cheapest source of energy, especially for developing countries.

Strategic American Oil has been one of the most successful small companies in taking advantage of this massive shift in oil sourcing and demand. Carefully avoiding the many risks involved in speculative exploration, the company has followed a steady path of targeting existing production and reserves in secure domestic locations, quickly locking up projects and opportunities in Texas, Louisiana, and Illinois. By being smart enough to recognize this new source of low-hanging fruit, Strategic has already been independently assessed as having net proved reserves of roughly $77 million (discounted at 10%), and continues to grow.

For additional information, visit www.StrategicAmericanOil.com

[armedical]

They are in the position to do well in this economy because they have “been one of the most successful small companies in taking advantage of this massive shift in oil sourcing and demand.” They accomplish this by doing the smart thing and investing in what has already proven to be productive.

[mwest]

Have you ever wondered when is the perfect time to invest in oil? I found this video, check it out. http://www.ehow.com/video_4757900_invest-oil.html

[stockseeker30]

The way this market is going Oil seems to be the only sure thing, especially if you don't have a lot of money to loose.

[protostars]

Agree with the video that oil is a reasonable addition to any diverse portfolio.

[mwest]

Things are really starting to move forward for them however, as the acquisition of SPE Navigation I, LLC brought with it additional working interest in Galveston Bay and one million shares of Hyperdynamics stock (NYSE:HDY).

[stockseeker30]

That was a great acquisition for them to make for sure.

[armedical]

It was a move that really set them on the right track to success. I have to agree with protostars, some kind of Oil stock is an important addition to a diverse portfolio.

[protostars]

Look at the spikes in volume they've had over the past few months.

[QualityStocks]

Strategic American Oil (SGCA) President & CEO Jeremy Driver and Beneficial Owners (10% or more) continue to accumulate shares

http://www.nasdaq.com/asp/quotes_sec.as ... ected=SGCA

[mwest]

They are still paving the way for shareholders to join on and accumulate more shares as well