Strategic Oil & Gas Ltd. is an emerging junior oil and gas company based in Calgary, Alberta, Canada. Our primary business is upstream oil and gas exploitation and development. Our sub-surface technical capabilities lead the industry in geology, geophysics, engineering and petrophysics analysis.
Strategic is well positioned with the technical expertise and proven management team required to take advantage of the attractive balance of high impact, light oil resource plays we have available.
Our business plan is to:
- Achieve strong growth in production volumes, reserves and cash flows through development of our high-impact Muskeg oil play at Marlowe;
- Maintain control over our resource base and netbacks through high-working interest ownership in wells and construction and operation of our own processing facilities;
- Maintain a disciplined approach to capital spending and a healthy balance sheet;
- Realize additional value for our shareholders by maintaining a significant undeveloped land base and opportunity inventory, including potentially de-risking other productive oil formations at Marlowe.
First Keg Oil Well
Discover Muskeg Resource;
Develop Muskeg Play;
Focus on Growth & Profitability
Project drill ready
Q1 2017: 1,859 BOE/d
Board of Directors
Thomas Claugus is the President and majority shareholder of GMT Capital Corp. (a private investment company) which he founded in 1990. Prior to 1990, he served 17 years in various managerial capacities with Rohm and Haas Company (a publicly traded specialty chemical manufacturer), culminating in his position as Manager for Europe of the Polymers Division of Rohm and Haas.
Thomas graduated with a Bachelor of Chemical Engineering degree, summa cum laude, from Ohio State University in 1973. In 1975, he entered Harvard Business School and graduated with a Master of Business Administration degree, with high distinction, in 1977.
He currently sits on the board of several other companies, including Paramount Resources Corp.
John W. Harkins
John Harkins is a chemical engineer and an independent businessman with over 30 years of diverse international energy experience. He is currently the President and Chief Executive Officer of Greenfields Petroleum Corporation (TSXV: GNF), an independent exploration and production company with assets in Azerbaijan. Previously, he acted as head of business development in Asia for Anadarko from 2001 to 2008, in which capacity John was able to expand Anadarko’s exploration positions in Asia. As a senior executive for TransCanada Pipelines Ltd. in the mid 1990’s, he established a significant and successful midstream business in Latin America. He played a prominent role in the establishment of some of the first private gas pipelines and a power project in Mexico, a liquids extraction facility in Venezuela and major oil and gas pipelines in Colombia. John has been involved in successfully closing structured financing for energy projects with banks, multilaterals and other financial institutions.
Rodger Hawkins, brings a wealth of experience to Strategic’s Board, with over 30 years of experience in audit and accounting with a focus on junior public companies in the resource, technology and resource service sectors. Prior to his retirement from BDO in early 2007, Rodger was the Managing Partner of the Calgary office of BDO Canada LLP. He is presently a business consultant and sits on the Board of Matrrix Energy Technologies Inc.
Jim Riddell is Chief Executive Officer of Trilogy Energy Corp since 2005. He joined Paramount Resources Ltd. in May 1991 and has been a director since June 2000 and President and Chief Operating Officer of Paramount since June 2002.
Jim is also a director and Executive Chairman of the Board of MGM Energy Corp, a director and Vice Chairman of Big Rock Brewery Inc. and a director of Marquee Energy Ltd.
He graduated from Arizona State University with a Bachelor of Science degree in Geology and from the University of Alberta with a Master of Science degree in Geology.
D. Richard Skeith
Rick Skeith is a partner at Norton Rose Canada LLP practising in the securities area. He has been a director or officer of numerous public companies in various industries, including oil and gas, oil services, mining, real estate and biomedical. Rick currently sits on the board of M Pharmaceutical Inc., which currently trades on the Canadian Securities Exchange, and Quikflo Health Inc., which trades on the TSX Venture Exchange, and has been a director of Strategic since 2005.
Mr. Michael Graham has more than 30 years of experience in the oil and natural gas business. Most recently he held the position of Executive Vice President & President Canadian Division with EnCana Corporation until February 2012. Mr. Graham has held various executive and management positions with Alberta Energy Company, Amber Energy Inc. and EnCana Corporation. Additionally, he has served as a member of the Board of Governors for the Business Council of British Columbia and the Canadian Association of Petroleum Producers. Mr. Graham is a graduate of the University of Wyoming with a Bachelor of Science degree in Petroleum Engineering and is a member of APEGGA and the Society of Petroleum Engineers. He is currently the chairman of privately held Saguaro Resources Ltd. and on the board of directors of TSX-listed Long Run Exploration.
Michael Watsky is the co-founder and managing partner of BP Energy Partners (“BP”), where he is responsible for co-managing investment activities, deal sourcing, structuring and executing transactions, and serving as a board member of portfolio companies. Michael has over 20 years of private equity experience in energy sector investments including oil and gas and energy services. Prior to co-founding BP, Michael held senior positions at Matlin Patterson, a private investment firm, and Credit Suisse First Boston, and was a Partner at the Serfimex Group in Mexico City.
Michael began his career as a CPA at KPMG. He received a B.S. in Accounting from the State University of New York- Albany in Albany, New York.
Aaron Thompson, CA
Chief Financial Officer
Mr. Thompson is a Chartered Accountant, and brings more than 16 years of experience in the North American energy industry from a number of public oil and gas companies which include Perpetual Energy, Paramount Resources, Summit Resources, and Apache Canada Corp. where he held various senior accounting and controller positions. His experience includes financial reporting, tax, management, finance and design and implementation of internal control systems. Mr. Thompson graduated in 1996 from the University of Lethbridge with a Bachelor of Management Degree and is a member of the Canadian and Alberta Institutes of Chartered Accountants.
Chief Operating Officer and Interim Chief Executive Officer
Mr. Smith worked the last 25+ years of his professional career with pre merger company AEC on to Encana Corporation. He led teams in Safety, Drilling, Completions, Facilities, Production Engineering and Operations in British Columbia and Alberta. Mr. Smith held Team Lead positions in the Ft Nelson, Canadian Deep Basin, Cutbank and Bighorn Business Units. He was involved during new play development in the Jean Marie, Horn River, Montney, Alberta Cretaceous stacked plays, and Duvernay. His experience includes liquids rich gas, water, gas storage and heavy oil and participating in internal technical completions and water exchanges for Encana across North America.
Mr. Smith has an Honours Diploma in Petroleum Technology from Southern Alberta Institute of Technology.
Vice President, Land
Ms. Joy has over 15 years of industry experience holding a variety of roles in the Land profession with numerous major oil & gas companies. Ms. Joy’s experience includes land strategy and execution, purchase and sale transactions, and negotiations of complex deal structures with Canadian and foreign business entities. She has experience with unconventional resource properties and joint venture operations. Ms. Joy has been the VP Land for Strategic since December 2011 and her portfolio includes marketing, environmental, and stakeholder relations along with land related initiatives.
Ms. Joy holds a Bachelor of Commerce Degree, with a major in Petroleum Land Management from the University of Calgary and is a member of the Canadian Association of Petroleum Landmen.
Funding requests for all community and stakeholder-related events and activities are due to Strategic no later than October 15 for the following calendar year.