CORPUS CHRISTI, Texas, April 7, 2010 -- Strategic American Oil Corporation (OTCBB: SGCA) (the "Company") is pleased to announce that the drilling contract for the Company's Victoria Co., Texas "Koliba" Prospect has been executed with expectations to commence drilling operations this month, depending on favorable weather conditions and rig availability.
Strategic American Oil Corporation closed at $0.38 Wednesday, trading 1,455,746 shares.
Strategic American Oil Corporation's (SCGA) South Texas Koliba Prospect Drilling Contract Executed
About Strategic American Oil Corporation
Strategic American Oil Corporation (OTCBB:SGCA) is an exploration and development 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.
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NEW YORK, April 7, 2010 -- Encompass Group Affiliates, Inc. (OTCBB: ECGA), a leader in after market services and parts distribution for a wide range of high-tech products and consumer electronics, today announced it will relocate the divisional headquarters of subsidiary Encompass Service Solutions, Inc. (ESS) from Metro Orlando to one of its existing repair and distribution facilities in Lawrenceville, Ga., just north of Atlanta.
Encompass Group Affiliates, Inc. closed at $0.0003 Wednesday, trading 605,000 shares.
Encompass to Relocate Service Division Headquarters to Atlanta Area
About Encompass Group Affiliates, Inc.
Encompass Group Affiliates, Inc., a New York-based company, is a market leader in forward and reverse supply chain logistics, repair services and asset management for a wide variety of high-tech products and consumer electronics. Encompass, through its wholly-owned subsidiaries, Encompass Parts Distribution, Inc., Encompass Service Solutions, Inc. and Encompass International, provides comprehensive electronics parts distribution, asset recovery, returns management, reverse logistics services, and depot repair and refurbishment services. For more information about Encompass, please visit our website at encompass.com.
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