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Strategic Oil & Gas Ltd. Production Tests the First Sulphur Point Horizontal Well at Steen River

CALGARY, ALBERTA-- (Marketwire - Oct. 5, 2011) - Strategic Oil Gas Ltd. ("Strategic" or the "Company") (TSX VENTURE:SOG) is pleased to announce drilling results from the first Sulphur Point Horizontal well at Steen River.

Sulphur Point Horizontal Well

Strategic drilled 102/11-22-122-21 W5M as the first Sulphur Point Horizontal Well in Steen River.

• The well intersected an oil stained dolomite zone approximately 8 meters thick.
• The well is 662 m long and has been completed open hole.
• This well has not been acid washed or frac'd. No mult-frac completion techniques have been used.
• The well was flow tested for 8.5 hours recovering fluid at a rate of 730 BFPD. Final water cut was 25% and most of the produced water is completion fluid.
• Strategic is expecting initial oil rates of between 200 - 400 BOEPD.

Strategic owns 100% of 58 contiguous sections (14,848 hectares) with multi-zone oil and gas potential around the Steen River Astrobleme. Strategic has mapped a 4-6 m thick Sulphur point dolomite zone over the 58 sections.

Eli ei minkäänlaista stimulointia ja horisontaalin pätkä pituus on noin 50% keskimääräisestä kanadalaisesta horisontaalista. Toisaalta Sulphur Pointin paksuus tämän horisontaalin kohdalla on 30%-100% paksumpi kuin SP on SOGin mailla keskimäärin, joten tämän tuloksien perusteella ei kannata tehdä pitkälle meneviä päätelmiä. Tuotantolukukin on hyvin lyhyeltä pätkältä. Lupaavaa silti.

Yhtiön pressu on päivitetty eilen.