Cambrian Capital, L.P. acquires control or direction over the securities of
Strategic Oil & Gas Ltd.
/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE
The common shares and the common share purchase warrants of Strategic were acquired through a private placement of Strategic. CCLP acquired control or direction over the securities for investment purposes only. Depending on market and other conditions, CCLP may from time to time in the future increase or decrease its ownership, control or direction over, or exercise its current rights to acquire, the common shares or other securities of Strategic, through market transactions, private agreements or otherwise.
For further information: For further information: Karen A. Durante, Cambrian Capital, L.P., 45 Coolidge Point, Manchester, MA, 01944, Tel: (978) 526-7010, Fax: (978) 526-7080
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