U.S. Oil Stock with Breaking News (BB: SGCA)

Dear Newsmax Reader: Please find below a special message from our sponsoring advertiser, Strategic American Oil Corporation. They have important information to share with you. Thank you. Newsmax.com     December 7, 2009   To Investors: This is an exciting time to track the developments of Strategic American Oil Corporation (OTCBB:SGCA). Here's why: Company recently raised $3 million in two oversubscribed tranches with major institutional investors participating.  SGCA is well capitalized to sufficiently pursue oil and gas targets in multiple states including Texas Acquired exclusive database rights with 40 years of oil and gas prospect information which will improve the Company's pipeline for future acquisitions Completed leasing 93% of the 160 acre Dixon Lease located in the Delhi South Field, Louisiana Leased additional acreage in the Illinois Basin where total acres leased to date is approximately 3,472 acres Experienced and Proven Management Team: Randy Reneau, Chairman, 30 Years Experience as a geologist (domestic and foreign), ex-President of REDCO, Inc. in Texas Jeremy Driver (BSc and MBA) President and CEO, former President of AMEX listed oil/gas subsidiary, served in the US army as an intelligence specialist Steven Carter, VP of Operations, 13 years with T-C Oil in Texas, 30 years of Gulf Coast oil and gas engineering experience Bob Bennett, well known Texas geologist, 22 discoveries in South Texas – all 10 BCF or greater (4 in Kennedy County), in-house proprietary 3-D seismic model identifies overlooked oil and gas fields- best in class historical track record in the state of Texas SGCA's properties are world class and all within U.S. borders.  All operations within the friendly confines of the U.S. give SGCA unequivocal security of its assets.  Due to low oil prices over the past 10 months, there were acquisition bargains available and the Company took full advantage by aggressively leasing land positions in Illinois, Louisiana, and Texas.  Recent Transaction: SGCA acquired the exclusive rights to an oil and gas database containing approximately 40 years of oil and gas prospect information including well logs and related structure and isopach maps.  This data covers portions of South Texas, including areas where the Company is currently reviewing and leasing 3D seismic prospects. Recent Transaction: SGCA completed leasing 93% of the mineral interest in the 160 acre Dixon Lease located in the Delhi South Field, Franklin Parish, Louisiana. The balance of the Material Interest (~7%) is expected to be leased shortly. The Dixon lease contains two temporarily abandoned oil wells at approximately 3,400 feet along with two possible offset drilling locations. Recent Transaction: SGCA leased additional acreage in the Illinois Basin.  The Illinois State Geological Survey (ISGS) has estimated the Illinois Basin has the potential to recover approximately 4 billion barrels of oil. Total acres leased to date, including farmed out leases, is approximately 3,028 acres. These leases cover multiple zone targets, to 4,000 feet, as well as a potential waterflood prospect and pinnacle reef prospects. Outlook for Oil and Gas: Oil prices have seen a strong rebound from the recent lows of $35 to $78/barrel Top analysts, including Goldman Sachs analyst Jeffrey Currie, have forecasted that oil will hit $85/barrel by year end SGCA aims to capitalize on this price by leasing, drilling, and acquiring projects at various stages of development With oil rebounding, key leases tied up in attractive states, and $3mm in the Company's treasury, SGCA will enter 2010 with all the pieces in place to move forward with its ambitious growth plans. We appreciate your interest in Strategic American Oil Corporation. About Strategic American Oil Corporation Strategic American Oil (OTCBB: SGCA) is an exploration and production company with operations in Texas, Louisiana and Illinois. The Company draws on an internationally recognized team of geologists, engineers and executives with extensive oil and gas exploration and production experience. The Company's objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential. For further information or to receive an investor kit, please contact: Investor Relations Strategic American Oil Corp (OTCBB: SGCA) 600 Leopard Street Corpus Christi, Texas 78473 (800) 643-5815 Website: www.strategicamericanoil.com Compensation and Other Disclosures The content of this message is published by Strategic American Oil Corporation and sent to select email lists through Lake Group Media, Inc. ("Lake") to provide readers with information on selected publicly traded companies. Factual information is obtained from public filings and other sources deemed to be reliable; however, neither Strategic American Oil Corporation nor Lake takes responsibility for verifying the accuracy of such information and they make no representation that such information is accurate or complete. Certain of the statements in this Update may be considered forwarded looking statements. Strategic American Oil Corporation and Lake make no representation and provide no assurance or guaranty that such forward looking statements will prove to be accurate. See the companies filings with the Securities and Exchange Commission for factors that may cause results to be significantly different. Statements of opinion and belief are those of the authors and/or editors of this Update, and are based solely upon the information possessed by such authors and/or editors; no inference should be drawn that such authors or editors have any special or greater knowledge about the company or companies profiled or any particular expertise in the industries or markets in which the profiled company or companies compete. The reader should verify all claims and complete his own due diligence before investing in any securities of the profiled company or companies. Neither Strategic American Oil Corporation, Lake, nor anyone involved in the publication or dissemination of this Update is a registered investment adviser or broker/dealer. Strategic American Oil Corporation and Lake make no recommendation that the purchase of securities of the company or companies profiled in this Update are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the company or companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree! of risk. An investor in such securities should be prepared and able t o bear a loss of his or her entire investment. Nothing in this Update should be construed as an offer or solicitation to buy or sell any securities of any profiled company. 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