August 15, 2016

Strategic Oil & Gas Ltd. (“Strategic” or the “Company”) (TSX VENTURE:SOG) reports financial and operating results for the three and six months ended June 30, 2016. Detailed results are presented in Strategic’s interim consolidated financial statements and related Management’s Discussion and Analysis (“MD&A”) which are available through the Company’s website at www.sogoil.com and on SEDAR at www.sedar.com. Three months ended

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today announced it has reached a definitive agreement to acquire approximately 40,000 net acres in the core of the Midland Basin from Reliance Energy, a privately held, Midland-based energy company, for $1.625 billion. The privately negotiated acquisition is consistent with Concho’s opportunistic and disciplined portfolio management strategy as it expands its

WTD Resources, LLC (“WTD”) announced today that it will present at EnerCom’s The Oil & Gas Conference® 21 in Denver on Tuesday, August 16, 2016 at 4:25 pm Mountain Time (6:25 PM Eastern Time). Presenting for WTD will be its founder and CEO, William T. Drennen, III and Al Reese, Jr., Chief Financial Officer. To schedule individual meetings please contact