Strategic Oil & Gas: 2009 Year End Results and Reserves

Strategic Oil & Gas Ltd. (TSX VENTURE:SOG) reported its financial results for the year ended December 31, 2009 and also the results of its independent reserve report as at December 31, 2009.

The press release is quoted as saying:

Strategic is a junior oil and gas company with producing properties located in Southern and Central Alberta. Production is currently 320 to 340 boe/d with additional production expected to be brought onstream during the second quarter of 2010 from the recently announced drilling program. Strategic’s highly regarded subsurface technical team is primarily focused on implementing development plans for the Maxhamish project and its southern Alberta properties, while reviewing other high impact prospects.

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