Strategic Oil & Gas Ltd. announced that William Lancaster will be joining the Company as President and Chief Executive Officer effective October 17, 2019. Mr. Lancaster is currently the President and a member of the Board of Directors of GMT Exploration LLC. The Chairman of the Board of Directors of Strategic is a
significant shareholder and member of the Board of Directors of GMT Exploration. The Company also announced that Amanda Reitenbach has been promoted to Chief Operating Officer of the Company. Ms. Reitenbach has been the Vice-President, Development and Operations at Strategic since July 2018. Tony Berthelet, currently the CEO of Strategic, has resigned from the Company to pursue another opportunity. The Company also announced that Mr. James Riddell has resigned from the Board of Directors.