Strategic Oil & Gas Ltd Resumes Oil Delivery to the Rainbow Pipeline
Sep. 28, 2011 01:25PM PST
Oil and Gas InvestingStrategic Oil & Gas Ltd. (CVE:SOG) has resumed oil delivery at the Rainbow pipeline.
Strategic Oil & Gas Ltd. (TSXV:SOG) has resumed oil delivery at the Rainbow pipeline.
The press release is quoted as saying:
The Rainbow pipeline which transports the Corporation’s Steen River crude oil to market was shut in due to a pipeline breach which occurred in late April, 2011. As a result Strategic was forced to shut in 75% of its production at Steen River. The pipeline resumed operation August 29, 2011. Strategic has been transporting oil to the Rainbow pipeline for the past 30 days.
During the month of September Strategic’s estimated production has exceeded 1250 BOED.