Strategic Oil and Gas Ltd SOGFF

RE: Constructive

[CONSTRUCTIVE_SUBVERSION]

My best pick would be a smattering of US gulf coast refiners and perhaps one refinery located in the mid west of America located close to the bakken. Some shares have come off as much as 20 or 25 percent. I do not see the pipeline bottlenecks in N.A. getting resolved anytime soon. So the discount might be here to stay longer than we think, whick implies very large margins for the refiners of heavy crude in the USA. Distillates is another interesting area, and with the supply dramatically increasing from the Bakken and an additional pipeline coming from the US to Canada for distillates I would be wary. To be blunt, I am looking at private companies with shut in gas and processing facillities, as the most leverage just might be in gas, believe it or not. The US seems to like the idea of moving more to a nat gas economy.. Just my thoughts...