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Strategic Oil and Gas Ltd SOGFF

Energy Oil & Gas E&P
Strategic Oil & Gas Ltd is engaged in exploration and development of petroleum and natural gas reserves. The major area of focus is in Western Canada and the Western United States. The company has interests in Marlowe area and operates gas plants and oil batteries. The firm also engages in operating and maintaining roads.


GREY:SOGFF - Post by User

Strategic Oil and Gas Ltd
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Comment by jerrybeon Oct 07, 2014 7:47pm
187 Views
Post# 23008105

RE:Attractive price

RE:Attractive priceThanks for sharing your thoughts with the board.

I also thought they would "exceed" expectations...the new wells seem to be performing according to plan...

At this point, any hint of bad news is an excuse for a sharp selloff. It is hard to keep a cool head in this environment.

Although the dilution was significant, I am very happy they closed their latest round of financing...the drilling program can be financed from cash on hand and operational cash flow. Let's see what the coming quarter will bring. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities