CORPUS CHRISTI, Texas, June 29, 2010 (GLOBE NEWSWIRE) -- Strategic American Oil Corporation (OTCBB:SGCA) (the "Company") is pleased to announce that drilling operations have commenced on its Koliba prospect in Victoria County, Texas. The Company has retained a 16.33% carried working interest to casing point, 25% working interest after casing point. The combined leased acreage (Koliba-Linville) consists of 143 acres covering an anticipated anticlinal structure (target) offsetting production. The new well is a direct offset to the Murphy Baxter, Koliba #1 well which previously produced from the 5,880 feet (target) zone.
Strategic American Oil Corporation Commences Drilling Operations On South Texas Koliba Prospect
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