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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (26847)4/11/2017 7:39:00 AM
From: Goose94Read Replies (1) | Respond to of 203353
 
Strategic Oil & Gas (SOG-V) April 7, '17 Operations Update web.tmxmoney.com

Investors may be looking forward to the results of five new wells that Strategic drilled at its Marlowe asset in Northern Alberta during the first quarter. The company announced on March 27 that it had drilled the wells but was facing delays in completing them and bringing them on production. Last Friday after the close, the company announced that the wells are now in the process of being completed. These wells are intended to support Strategic's goal of producing 4,000 barrels of oil equivalent a day as of June 30 (up from 2,500 as of March 27). Over the longer term, Strategic is aiming to increase its production 30,000 barrels a day within five to seven years.

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