About Strategic

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.

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.

Production

Percent Oil

78%

Reserves

Production History

2012

2,100 BOED;
Discover Muskeg Resource;
Acquire Infrastructure

2013

3,200 BOED;
Expand Infrastructure;
Delineate Muskeg

2014

3,462 BOED;
Develop Muskeg Play;
Focus on Growth & Profitability

2015

2,509 BOED;
Resource delineated;
Project drill ready

2016

1,830 BOED

2017

2,436 BOED

Board of Directors

Thomas Claugus

Chairman

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.

John W. Harkins

Director

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.

D. Richard Skeith

Director

Rick Skeith is a partner at Dentons 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 Friday Night Inc., which trades on the Canadian Securities Exchange, and has been a director of Strategic since 2005.

Michael Graham

Director

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. Michael 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. Michael 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.

Executive Management

William Lancaster
President & CEO

Mr. Lancaster is currently the President and a member of the Board of Directors of GMT Exploration LLC, a private oil company based in Colorado. He graduated from the University of Colorado with a bachelor’s degree in Geologic Engineering in 1978. Mr. Lancaster is a former president of the Colorado Oil and Gas Association (COGA), on the Board of Directors for the Western Energy Alliance (WEA), and is a member of the Rocky Mountain Association of Geologists (RMAG), and the American Association of Petroleum Geologists (AAPG).

Aaron Thompson, CA

Aaron Thompson

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.

Amanda Reitenbach, P.Eng.

Amanda Reitenbach

Chief Operating Officer

Ms. Reitenbach has over 20 years of engineering and development experience in the oil & gas industry, primarily in western Canada. She most recently managed a light oil business unit at Obsidian Energy Ltd., where she was successful in building a high performance technical team and delivering significant oil production and value growth. Ms. Reitenbach has a Bachelor of Science (Chemical Engineering) from the University of Calgary and is a practicing member of APEGA (Professional Engineer designation).

Community Relations

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.

Click here to view our Community Relations Policy.