February 7, 2017 / 11:12 AM / in 10 months

BRIEF-Strategic Oil & Gas meets 2016 exit production guidance

Feb 7 (Reuters) - Strategic Oil And Gas Ltd :

* Strategic oil & gas ltd. Meets 2016 exit production guidance

* Strategic oil and gas ltd - is now drilling its third muskeg well and maintains its production guidance of 4,000 boe/d exiting first half of 2017

* Strategic oil and gas-with respect to outstanding convertible debentures, has elected to pay interest in kind for semi-annual interest payment due on Feb 28, 2017

* Strategic oil and gas -about $3.7 million in additional debentures will be issued, which are convertible into shares of strategic at $0.135 per common share Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below