Strategic Oil & Gas Breakout Notes
Gurpreet Sawhney, director, president, and CEO of Strategic Oil & Gas., (ticker: SOG) presented today at EnerCom’s The Oil & Gas Conference® 22.
Strategic is a Canadian oil and gas producer with assets in northwestern Alberta. The company’s Marlowe asset is the subject of much of the company’s focus, with new drilling occurring through the rest of 2017.
During the company’s breakout session, management was asked the following questions:
- Please share your thoughts on future infrastructure affecting your CAPEX?
- What kind of growth would you have with your current capital?
- How much did you spend in infrastructure?
- Where does your credit come from, Federal or Private?
- If you spend $20 million in drilling how much would your production grow?
- You said in your presentation that 67% share are owned by banks, are they consortium or private banks?
- Regarding infrastructure and CAPEX, have you made calculations regarding labor and materials due to weather?
Strategic presented at EnerCom’s 2017 The Oil & Gas Conference®.
You can listen to the company’s presentation by clicking here.
