Strategic Oil & Gas Ltd. (ticker: SOG) and its board of directors has approved a $9 million capital program for the first half of 2018. The company’s 2018 winter drilling program will be focused on the Muskeg wells at West Marlowe. Capital spending will be directed primarily to drill, complete and tie-in two Muskeg horizontal wells. Strategic said that this
Strategic’s West Marlowe play receives first 4-well pad Strategic Oil & Gas Ltd. (ticker: SOG) has drilled its first four-well pad in the development corridor at West Marlowe in northern Alberta. Strategic reported that its recent Muskeg horizontal well, 2-13, has an average rate of 1,263 barrels of oil equivalent per day (BOEPD) over the last 24 hours on test. Strategic
Muskeg wells increase quarter-over-quarter production by almost 1,000 BOEPD At EnerCom’s The Oil & Gas Conference® 19 in August, management of Strategic Oil & Gas expressed optimism about near-term catalysts for the company. “The last two years I’ve been here, I’ve said SOG will create value but we still had to buy the infrastructure and prove up the play,” said
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