- CEO
- William D. Lancaster
- Full Time Employees
- 27
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1100, 645 7 Avenue SW Calgary AB Canada T2P 4G8
- IPO Date
- Dec 17, 2010
- Business
- Strategic Oil & Gas Ltd. is a Calgary, Alberta-based junior upstream oil and gas company specializing in upstream oil and gas exploitation and development. The company offers a concentrated land base with reserves, wholly owned and operated sales infrastructure, and technical expertise in geology, geophysics, engineering, and petrophysics analysis. Its main products and services include exploration, development, and production of oil and natural gas reserves, supported by operations that emphasize scalable and repeatable activities. Strategic also provides drilling equipment and specialized personnel for well operations, including drilling managers, tool pushers, drillers, roustabouts, workover managers, and construction crews, along with administrative and payroll management services for oil and gas operations.
Recent significant developments include the acquisition of the Cameron Hills and Bistcho assets from Paramount Resources Ltd., which enhanced its asset base and operational capacity. The company has secured approximately CAD 4.1 million in funding from investors such as GMT Capital Corp., GMT Exploration Company LLC, and Libra Advisors, supporting its growth and exploration activities. Strategic Oil & Gas Ltd. continues to expand its operational footprint primarily in Canada, focusing on optimizing its upstream asset portfolio through technical and operational advancements. The company was founded in 2007 and maintains headquarters in Calgary. Its strategic moves in asset acquisitions and capital raising reflect its commitment to strengthening its presence in the competitive oil and gas sector.