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Strategic Oil and Gas Ltd SOGFF

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

Bullboard Posts
Comment by amp7on Mar 14, 2012 1:55pm
249 Views
Post# 19669291

RE: i smell a financing soon...

RE: i smell a financing soon...

Always possible but they just did a financing for $40M end of 2011.  Either way, financing may be good if it results in accelerated growth on a per share basis. The bigger issue I see is a possible oil glut resulting from transportation constrains to refineries. Anyone see rail as a potential short term fix or is that prohibitively expensive?

Bullboard Posts