Striker Oil & Gas "Striker" is an upstream U.S. oil and gas company headquartered in Houston, Texas and traded on the Over the Counter Bulletin Board (SOIS.OB). We are engaged in the search for and sale of oil and gas reserves through both exploratory drilling, and acquisition of producing properties. Our objective is to cost efficiently develop these properties and market the oil and gas production at the wellhead. Striker is strategically focused along the Texas Gulf Coast, East Texas and South Louisiana in areas of developed infrastructure and established markets.

The company’s goal is to grow the company in size and shareholder value by:

• Acquiring producing properties with development potential,
• Drilling for low to moderate risked exploratory reserves,
• Optimizing field operations and controlling costs while maximizing production

The key to Striker’s success and ongoing strategy is the recent emplacement of a seasoned executive team with a proven track record. The corporate goals will be met by dedicated, highly skilled professionals and support staff throughout all aspects of the organization; from exploration and operations to accounting and finance.

Our strategy is to engage in a continuing program of low to moderate risk exploration projects which offer repeatability and growth potential in the proven petroleum basins of Texas and Louisiana. Striker will work with a lean staff, operating efficiently while controlling overhead costs. We will operate projects where our expertise can maximize results and minimize costs. The company will form partnerships where necessary with successful E&P companies in efforts to leverage off of their project specific expertise.

Striker is continually seeking property acquisitions as part of its ongoing growth strategy. For consideration, potential acquisitions should meet the following criteria: (1) should be located within Striker’s primary focus regions of the Texas Gulf Coast, East Texas and South Louisiana, or a new area that would strategically enhance Striker’s overall asset base ; (2) should be accretive to earnings, cash flow and reserves; (3) should provide synergy with personnel and existing infrastructure; (4) should meet company economic thresholds. Striker’s management is constantly reviewing opportunities to expand the depth and breadth of the portfolio in Striker’s core regions.

Striker Oil & Gas applies sound technology including detailed geology, advanced geophysics and remote sensing where needed to identify new, high quality prospects and assess the associated risks of each investment opportunity.

An important part of the Striker Oil & Gas business model is to effectively manage the producing portfolio through both sound field operations and ongoing asset management. This practice, in concert with its technical and commercial expertise, allows the company to successfully develop its expanding acreage position and drilling inventory.