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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 Nazarbazon Apr 18, 2015 12:53pm
156 Views
Post# 23643429

RE:RE:Management buying shares...

RE:RE:Management buying shares...
I am not buying but holding. I like MArlowe very much. But It was stupid of management to acquire Bistcho/cameroon hill. They could not make money even before the oil collapse!
Fortunately that is now shut in but the problem is without drilling production will fall and per barrel operating cost will soar.
The best outcome is a take over as Marlowe is valueable. Otherwise they have to sell more share's and drill.
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