CORPUS CHRISTI, Texas, Oct. 27, 2010 (GLOBE NEWSWIRE) -- Strategic American Oil Corporation (OTCBB:SGCA) is pleased to announce that it has identified a new offset oil drilling target (the D1 Offset Prospect) in the Illinois Basin. The prospect target is located at depths above 3,500 feet. The Company plans to lease approximately 400 acres over the identified prospect and drill to evaluate the prospective subsurface geology. This prospect was identified in the Illinois Basin through the research of records from the Illinois State Geological Survey (ISGS).
Strategic American Oil Corporation Identifies New Offset Drilling Target In Illinois Basin
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