Strategic American Oil Corporation Announces Acquisition of Five High Value 3D Seismic Databases



    
    STRATEGIC AMERICAN OIL CORPORATION IDENTIFIES TARGET

    
    CORPUS CHRISTI, Texas, May 26 /CNW/ -- Strategic American Oil Corporation
(OTC Bulletin Board:   SGCA) (the "Company") is pleased to announce that it has
identified a significant Frio Sand (gas) target in South Texas through its
recently acquired 172 sq. mile 3D seismic database.  The target is an
anticlinal structure with 4-way closure covering portions of six sections. The
Company plans to lease approximately 1,000 acres over the identified structure
and proposes to drill one to two wells to test the Frio sand zones.  The
Company's exploration team believes the multiple Frio Sands identified in the
seismic profile could contain significant gas reserves (detailed geologic
information will be released upon completion of leasing).

    Company President and CEO, Randall Reneau, stated, "The identification of
this structure is a major development in the Company's ongoing exploration
program.  We believe this structure, in the prolific South Texas Frio Sand
trend, has the potential to be a significant gas and condensate producer. 
Developing prospects of this magnitude certainly justifies the recent
acquisition of the 3D databases, which allows us to search for potential oil
and gas bearing structures with a minimal cash outlay.  The identification of
this structure is exactly what we were hoping to find when we purchased the
databases.  The Company will continue to review and evaluate this first of a
total of five 3D seismic databases with the goal of developing additional
prospects."

    3D seismic is a key tool in Strategic American Oil's exploration plans
for discovering new oil and gas reserves along the gulf coast.  3D seismic
surveys allow the company to better define prospective oil/gas structures and
pinpoint drilling locations thus increasing chances for successful wells. 3D
seismic has become an invaluable tool for developing drilling prospects and
has become the number one prospecting tool in today's oil and gas exploration
industry.  The technique is utilized by major oil and gas companies throughout
the world.

    On February 26, 2009, the Company filed a Current Report on Form 8-K
disclosing that, in accordance with the Canadian Securities Administrators'
National Instrument 51-101, Standards of Disclosure for Oil and Gas
Activities, the Company had filed the following documents on the Canadian
Securities Administrators' System for Electronic Document Analysis and
Retrieval (SEDAR): (i) a statement of reserves data and other oil and gas
information in accordance with Form 51-101F1 prepared by AJM Petroleum
Consultants, as at and for the Company's fiscal year ended July 31, 2008, (ii)
a report of AJM Petroleum Consultants, an independent qualified reserves
evaluator or auditor, in accordance with Form 51-101F2, and (iii) a report of
the Company's management and directors in accordance with Form 51-101F3.  A
copy of the filed information can be found for viewing by electronic means by
viewing the Company's filings on www.sedar.com.
    

    About Strategic American Oil Corporation
    
    Strategic American Oil Corporation is an oil and gas exploration,
acquisition, and production company focusing on developing oil resources in
the United States.
    

    Safe Harbor Statements
    
    Except for the statements of historical fact contained herein, the
information presented in this news release constitutes "forward-looking
statements" as such term is used in applicable United States and Canadian
laws. These statements relate to analyses and other information that are based
on forecasts of future results, estimates of amounts not yet determinable and
assumptions of management.  Any statements that express or involve discussions
with respect to predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance (often, but not
always, using words or phrases such as "expects" or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans", "estimates" or
"intends", or stating that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved) are not statements
of historical fact and should be viewed as "forward-looking statements". Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of the Company to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements. Such
risks and other factors include, among others, the actual results of
exploration activities, variations in the underlying assumptions associated
with the estimation or realization of oil or gas resources, the availability
of capital to fund programs and the resulting dilution caused by the raising
of capital through the sale of shares, accidents, labour disputes and other
risks of the oil and gas industry including, without limitation, those
associated with the environment, delays in obtaining governmental approvals,
permits or financing or in the completion of development or construction
activities, title disputes or claims limitations on insurance coverage. 
Although the Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or intended. 
There can be no assurance that such statements will prove to be accurate as
actual results and future events could differ materially from those
anticipated in such statements.  Accordingly, readers should not place undue
reliance on forward-looking statements contained in this news release and in
any document referred to in this news release.

    Forward-looking statements are made based on management's beliefs,
estimates and opinions on the date the statements are made and the Company
undertakes no obligation to update forward-looking statements if these
beliefs, estimates and opinions or other circumstances should change, except
as required by applicable law.  Such forward-looking statements reflect our
current views with respect to future events and are subject to certain risks,
uncertainties and assumptions, including, the risks and uncertainties outlined
in our most recent financial statements and reports and registration statement
filed with the United States Securities and Exchange Commission (the "SEC")
(available at www.sec.gov).  Such risks and uncertainties may include, but are
not limited to, the risks and uncertainties set forth in the Company's filings
with the SEC, such as the ability to obtain additional financing, the effect
of economic and business conditions, the ability to attract and retain skilled
personnel and factors outside the control of the Company.  These
forward-looking statements are made as of the date of this news release, and
the Company assumes no obligation to update the forward-looking statements or
to update the reasons why actual results could differ from those projected in
the forward-looking statements.  Although the Company believes that the
beliefs, plans, expectations and intentions contained in this news release are
reasonable, there can be no assurance those beliefs, plans, expectations or
intentions will prove to be accurate.  Investors should consider all of the
information set forth herein and should also refer to the risk factors
disclosed in the Company's periodic reports filed from time-to-time with the
SEC.

    This news release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
jurisdiction.
    




    




For further information:

For further information: Investor Relations of Strategic American Oil
Corporation, 1-800-643-5815 Web Site: http://www.strategicamericanoil.com

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STRATEGIC AMERICAN OIL CORPORATION

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