CORPUS CHRISTI, Texas, Oct. 21, 2010 (GLOBE NEWSWIRE) -- Strategic American Oil Corporation (OTCBB:SGCA) has received approval from the Lessor to enter into its new partnership with Chinn Exploration Company on Strategic American Oil's 3D seismic prospect in Kenedy County, South Texas. As a result of this approved partnership, Chinn Exploration has signed the drilling contract and submitted the drilling permit, advancing efforts to have the first test well drilled.
Strategic American Oil Corporation Receives Approval On Partnership To Drill 3D Seismic Prospect In South Texas
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.