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Awesome News!!!!...Check out the article i just found...Houston We Have Liftoff!!!
http://www.belize.com/articles/oil-exploration-in-belize.html
.02 just posted...Get ready..about to take off
Get ready to light the fuse...TECO is about to LIFTOFF:)
Treaty
GREEN TODAY:))
Nice Move brigunn..You will not be dissapointed:)
Not sure what a pettern is caprock...but IMO you will be proven wrong. Teco is about to take off..Sit back and watch then kick yourself for not buying at these levels..Once again all IMO:)
Bought more today..Have a feeling this is about to lift off:))
NEWS OUT!!!!!!!!!!!!!!!!!!!!
Thanks fmi81...I agree 100%..Thanks for your DD...
Thanks Whirligig....Very interesting information.:)
Why Not?..It is true and deals with PBLS..Thanks again:)
I agree riseup....nice volume today:)
Made 23k today..Thanks for the shares:)..Thanks again alex
Caprock. Thanks for your shares:)
Thanks for the tip Alex...and Thanks to all the those who sold me your shares...Got in at .0002:))
Xylan..Don't forget to add..IMO:)
Yeah...Wonder who...ROFL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Go TECO.....Good news on the way:)
ROFL..so was I:)
Yeah and the bid is .0008...This scam is done
Hey Craprock...nice volume today..hmmmmmmmm
Treaty looking great. Guess caprock and smith took the day off. Good morning to you Viki:)
another day go'in up..ROFL
How is this working out for you viki
Let me refresh your memory there:
Posted by: viki Member Level Date: Wednesday, December 02, 2009 3:52:52 PM
In reply to: ahdioyoda who wrote msg# 6768 Post # of 8618 Send a link via email Share on Facebook Tweet this post
now this is a real oil company:
please compare the following release with TECO; there is a huge difference.
December 2, 2009
This is an exciting time to track the developments of Strategic American Oil Corporation (OTCBB:SGCA).
Here's why:
Company recently raised $3 million in two oversubscribed tranches with major institutional investors participating. SGCA is well capitalized to sufficiently pursue oil and gas targets in multiple states including Texas
Acquired exclusive database rights with 40 years of oil and gas prospect information which will improve the Company’s pipeline for future acquisitions
Completed leasing 93% of the 160 acre Dixon Lease located in the Delhi South Field, Louisiana
Leased additional acreage in the Illinois Basin where total acres leased to date is approximately 3,472 acres
Experienced and Proven Management Team:
Randy Reneau, Chairman, 30 Years Experience as a geologist (domestic and foreign), ex-President of REDCO, Inc. in Texas
Jeremy Driver (BSc and MBA) President and CEO, former President of AMEX listed oil/gas subsidiary, served in the US army as an intelligence specialist
Steven Carter, VP of Operations, 13 years with T-C Oil in Texas, 30 years of Gulf Coast oil and gas engineering experience
Bob Bennett, well known Texas geologist, 22 discoveries in South Texas – all 10 BCF or greater (4 in Kennedy County), in-house proprietary 3-D seismic model identifies overlooked oil and gas fields- best in class historical track record in the state of Texas
SGCA’s properties are world class and all within U.S. borders. All operations within the friendly confines of the U.S. give SGCA unequivocal security of its assets. Due to low oil prices over the past 10 months, there were acquisition bargains available and the Company took full advantage by aggressively leasing land positions in Illinois, Louisiana, and Texas.
Recent Transaction: SGCA 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 leasing 3D seismic prospects.
Recent Transaction: SGCA completed leasing 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 3,400 feet along with two possible offset drilling locations.
Recent Transaction: SGCA 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. Total acres leased to date, including farmed out leases, is approximately 3,028 acres. These leases cover multiple zone targets, to 4,000 feet, as well as a potential waterflood prospect and pinnacle reef prospects.
Outlook for Oil and Gas:
Oil prices have seen a strong rebound from the recent lows of $35 to $78/barrel
Top analysts, including Goldman Sachs analyst Jeffrey Currie, have forecasted that oil will hit $85/barrel by year end
SGCA aims to capitalize on this price by leasing, drilling, and acquiring projects at various stages of development
With oil rebounding, key leases tied up in attractive states, and $3mm in the Company’s treasury, SGCA will enter 2010 with all the pieces in place to move forward with its ambitious growth plans. We appreciate your interest in Strategic American Oil Corporation.
About Strategic American Oil Corporation
Strategic American Oil (OTCBB: 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. The Company's objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential.
For further information or to receive an investor kit, please contact:
Investor Relations
Strategic American Oil Corp (OTCBB: SGCA)
600 Leopard Street
Corpus Christi, Texas 78473
(800) 643-5815
Website: www.strategicamericanoil.com
Compensation and Other Disclosures
The content of this message is published by Strategic American Oil Corporation and sent to select email lists through Lake Group Media, Inc. ("Lake") to provide readers with information on selected publicly traded companies. Factual information is obtained from public filings and other sources deemed to be reliable; however, neither Strategic American Oil Corporation nor Lake takes responsibility for verifying the accuracy of such information and they make no representation that such information is accurate or complete. Certain of the statements in this Update may be considered forwarded looking statements. Strategic American Oil Corporation and Lake make no representation and provide no assurance or guaranty that such forward looking statements will prove to be accurate. See the companies filings with the Securities and Exchange Commission for factors that may cause results to be significantly different. Statements of opinion and belief are those of t he authors and/or editors of this Update, and are based solely upon the information possessed by such authors and/or editors; no inference should be drawn that such authors or editors have any special or greater knowledge about the company or companies profiled or any particular expertise in the industries or markets in which the profiled company or companies compete. The reader should verify all claims and complete his own due diligence before investing in any securities of the profiled company or companies. Neither Strategic American Oil Corporation, Lake, nor anyone involved in the publication or dissemination of this Update is a registered investment adviser or broker/dealer. Strategic American Oil Corporation and Lake make no recommendation that the purchase of securities of the company or companies profiled in this Update are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the company or 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. An investor in such securities should be prepared and able t o bear a loss of his or her entire investment. Nothing in this Update should be construed as an offer or solicitation to buy or sell any securities of any profiled company. Lake has been retained to provide direct marketing services for the company profiled in this Update and receives compensation for those services. Further, Lake and its employees and affiliates may own, or may purchase and sell, securities of the company or companies profiled. Lake undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the profiled company or companies. Lake has the following compensation arrangements with the company or companies profiled in this Upda te: Lake receives an advertising fee ranging from $1,000 to $100,000 for each direct marketing list recommended and ordered for the dissemination of this Update.
I am not involved in this stock...(YET)...But since viki has been bashing this stock as well...Thought I would do my own DD....HMMMM Thanks for the tip viki
Harold Asher, the independent court appointed CPA that is currently working for the trustee for Phoenix has now determined the Phoenix/Murphy losses caused by the bank's illegal action, should be valued between $13,565,491 (minimum) up to $19,992,044. These numbers will be used by the trustee's lawyers at the federal trial against the bank. Not included is the impact of the loss of this money to the other twenty businesses in the Phoenix operation which eventually caused the collapse. This bank does not have the money to pay the 15-20 times impact its actions had on the entire Phoenix operation.
Blah, blah blah, Treaty and Blackburn have no connections. If any existed in the past they do not now.
Blah, blah blah, Treaty and Blackburn have no connections. If any existed in the past they do not now.
Thanks alot Viki...Looks like it is time to sell now that you are saying positive things about Teco...just kidding.
Blah, blah blah, Treaty and Phoenix have no connections. If any existed in the past they do not now.
I am BUYING..If Viki is saying sell..with her track record..That means BUY ALL YOU CAN.
Tomorrow could be the day!!!!!
Great News Chitownboys. Thanks
STANDING OVATION!!!! Post Of The Week:)
The FACT is we do have funding.
Wrong..we will be above .05 very soon
I do not recall any negative PRs...only a couple of negative individuals.....who have a dark cloud following them wherever they go......Don't you just hate that?
Thanks Viki, We should be at .45 before you know it.
TN and LA are still in Legal. But these deals WILL close. Expect to see LA close this week and TN to close early next week. All the pieces are falling into place.