Wednesday, October 19, 2011

Strategic American Oil Corp. (SGCA) Blends Experience with Latest Recovery Technology

Strategic American Oil is a Houston based oil and natural gas exploration and production company acquiring oil and gas properties and companies with significant development potential. The company already has operations in Texas, Louisiana, and Illinois. Although supporters point most prominently to Strategic’s growing portfolio and unusually strong financial position, the company’s success to this point rests entirely on a leadership team that was essentially born and raised in the oil and energy industry.
• Jeremy Driver (CEO, Director), a long-time oil and gas operations and financial professional, has held various leadership positions throughout the industry. Among his achievements was the successful operational turnaround of HYD Resources, a subsidiary of publicly traded Hyperdynamics Corp. (NYSE: HDY), bringing the company to profitability. His critical eye for financials is supported by an MBA and MS in Accounting.

• Steven Carter (VP of Operations, Director) is a registered professional engineer with 25 years in oil and gas exploration, production, and management, including founding his own independent oil and gas company. He has a B.S. in Petroleum Engineering, and has been with Strategic since 2006.

• Sarah Berel-Harrop (CFO) has an MBA and 14 years of financial accounting experience. She was CFO for Hyperdynamics Corp., and operated an independent accounting firm in Texas prior to joining Strategic.

• Leonard Garcia (Land Manager, Director) is an Independent Petroleum Landman with over 30 years of oil and gas experience, including work with Uranium Energy Corp., Sun Oil, Oryx Energy, Texaco, and Kerr McGee, and as CEO of Texas corporations.

• Jim Thomas (Chief Geologist) has many years of exploration and production experience, including work with Everest Exploration, Atlantic Richfield, and Penasco Petroleum, and holds an MS in Geology.

• John Deleon (Geologist) has extensive experience in drilling operations, environmental inspection, prospect generation, and 3D seismic data analysis, and holds a BS in Geology.

Strategic American Oil’s team of geologists, engineers, and executives have demonstrated their ability to successfully leverage 3D seismic data and other exploration and production technologies, locating and producing oil and natural gas in new and underexplored areas. The company has stated its goal to continue seeking accretive acquisitions in the oil and gas industry.

For additional information, visit www.StrategicAmericanOil.com

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