THE STRATEGIC AMERICAN OIL INVESTMENT OPPORTUNITY

An exciting private equity investment

Minimum USD 10,000 / Euro 8,000 / UKPS 7,000

Only USD One Million available before company goes public

Financial mechanism: private placement equity financing

Limited downside with significant upside potential

Invest now at a "discounted" price and reap the future opportunity

We are exploring funding possibilities with numerous financial institutions and private equity and venture capital investors to complete financing ASAP

Disclaimer: a legal ethical requirement

THE STRATEGIC AMERICAN OIL INVESTMENT OPPORTUNITY

This presentation may contain forward-looking statements including expectations of future production, cash flow and earnings. More particularly, this press release contains statements concerning Strategic American Oil Corporation’s (“the Company”) future production estimates, expansion of oil and gas property interests, exploration and development drilling, seismic operations, regulatory applications, payout estimates, capital expenditures, number and drilling locations to be drilled in 2008, seismic acquisitions and facilities upgrades. These statements are based on current expectations that involve a number of risks and uncertainties which could cause actual results to differ from those anticipated. These risks include, but are not limited to: the risks associated with the oil and gas industry (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, health and safety and environmental risks),commodity price, price and exchange rate fluctuation and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. Additional information on these and other factors that could affect the Company’s operations or financial results are included in the Company’s reports on file with Canadian securities regulatory authorities.

The forward-looking statements or information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Oil and Gas AdvisoryThis news release contains disclosure expressed as “boe/d". All oil and natural gas equivalency volumes have been derived using the ratio of six thousand cubic feet of natural gas to one barrel of oil. Equivalency measures may be misleading, particularly if used in isolation. A conversion ratio of six thousand cubic feet of natural gas to one barrel of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the well head.

Disclaimer

U.S. $0.35 Unit including one common share and one $0.60 purchase warrant

Attractive unit price: common share @ 42% discount from previous financing price  Includes warrant of $0.60 over two year term (a year more vs previous): upside multiplier

Anti-dilution protection throughout the term: downside minimiser

Right to participate in next equity or debt financing: upside multiplier

Closing date March 30, 2009, or when million is raised

Excellent legal documents and SEC audit security: confidence assured

THE EQUITY INVESTMENT

World-class geologists, petroleum engineers and land managers

Astute business model minimizing cash outflow & multiplying growth

Already approved to go public by the Security Exchange Commission: Ticker symbol SCGA

All operations in continental America…limited political risk...Google earth visibility

Already a producer with audited reserves and land bank

UNIQUE SELLING POINTS

Randall Reneau– President, CEO, & Director30 Years Experience as Geologist (domestic and foreign)President Reneau Exploration & Development, drilled and operated oil wells in TX and OKPrevious Chief Exploration Officer and Director of Uranium Energy Corp.

Steven Carter – Vice President of OperationsWorld Class Petroleum EngineerNegotiated Potential 1,000,000 Barrel Oil Field LeaseCapable of Introducing Substantial Projects to CompanyReworks Projects to Significantly Increase Production

Jim Thomas – Chief GeologistExploration Geologist With Intricate Knowledge of Illinois BasinHistory of Successfully Identifying Oil Drilling Projects

Leonard Garcia – Land ManagerHas worked for Kerr McGee, Sun Oil and Oryx Energy, among othersCapable of Introducing Substantial Projects to CompanyExpert at leasing, title search, farm-ins and farm-outs, and contracts

WORLD CLASS GEOLOGISTS, PETROLEUM ENGINEERS & LAND MANAGERS

SGCA is an exploration and production company

SGCA to sell 100% of cost of projects for 75% interest

SGCA retains 25% carried interest of project without cost/minimize cash requirements during difficult financial times

When a good oil or gas well is proven geologically, bigger investors are found

So SGCA can move onto the next find focusing on its exploration expertise

Each well is taken on its own merits: different working and revenue interests

Modern enhanced oil recovery methods used in aged proven wells

MINIMIZING CASH RISK ~ MULTIPLYING GROWTH

See S-1/A Registration Statement Ticker symbol:  SGCA.OTCBB

Learn more about the Over The Counter Bulletin Board at www.otcbb.com

SGCA intends to list on the Over The Counter Bulletin Board (OTCBB) 30 days after Financing is closed

SGCA plans to use the OTCBB as a platform to launch onto the American Stock Exchange

APPROVED TO GO PUBLIC BY THE SECURITIES EXCHANGE COMMISSION (SEC)

Head Office Corpus Christi Texas

Oil and gas operations in: Louisiana : Holt, Strahan, Dixon, South Delhi,  Big Creek

Texas : Welder, Janssen, Koliba

Illinois : Markum City, Oakdale, DST Prospects

Oklahoma : Little Mule Creek, Maquoketa Shale

See website for more details.

ALL OPERATIONS IN UNITED STATES LIMITED POLITICAL RISK

Well #1 & Tank Batteries

Well #2

Salt Water DisposalWell

BARGE CANAL PRODUCING WELLS ON GOOGLE EARTH

Well #1

Salt Water DisposalWell

BARGE CANAL PROJECT

OAKDALE, JEFFERSON COUNTY, ILLINOIS

Illinois targets have shallow target zones and low royalty rates

Leased over 2,000 acres in the state

SGCA plans to shoot several 2-D seismic lines on currently held leases in conjunction with seismic option agreements

Confirmation of structures followed by drilling

SGCA plans to sell SGCA to sell 100% of cost of projects for 75% interest

SGCA retains 25% carried interest of project without cost/minimize cash requirements during difficult financial times

Targets range in depth from 2,000 feet to 4,000 feet

Leases acquired to date are primarily 87.5% Net Royalty Interest

Currently leasing a potential water flood project in Jefferson County. When fully leased, the project will cover 600 acres

Pinnacle Reef prospects will be confirmed by 3-D seismic and drilled

OPEC Reduces Production: www.dawn.com

Oil dropped from $150 to $35 with only a 10% decrease in production

China is stockpiling oil supplies: www.oil-price.net

OIL & ENERGY ECONOMICS

CONCLUSION: NEXT STEPS

Research SGCA in depth notably S-1/A

SEC Statement, Website, and Management

Register your interest and any questions

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SGCA newsletter and investor interest

A conference call on Skype can then be arranged with

SGCA management

If you then want to proceed request legal

documentation to review pending

signing

A further conference call can be arranged

if necessary

Sign/witness legal documents and

request details for fund transfer and

receipt

Head Office: Suite 2015, 600 Leopard Street, Corpus Christi, Texas, 78473

Banker: Wells Fargo

Legal Counsel: Lang Michener LLP

Auditors: Dale Matheson Carr-Hilton LaBonte

Engineer: Carter E&P, LLC

Web Site: www.strategicamericanoil.com

Phone: USA (604) 505-1441

SGCA CORPORATE INFORMATION