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Strata-X Advances Eagle Ford, New Albany Shale Projects; Sets Up Wells

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Strata-X Advances Eagle Ford, New Albany Shale Projects; Sets Up Wells

Strata-X Energy Ltd. has reported the following operational updates on the Vail and Maverick Oil Projects.

Highlights: Strata-X has begun mobilizing completion equipment to the horizontal Burkett 5-34HOR well. Multi-stage horizontal stimulation of Burkett 5-34HOR expected to start this week. Commenced site preparation for the Maverick Oil Project multi-stage stimulated vertical well. Vail Oil Project

The Company has begun mobilizing equipment to the site of the Burkett 5-34HOR well in the Vail Oil Project to carry out a multi-stage stimulation of the well this week and, pending positive results, the well will be set up for production testing.

As announced on October 17, 2013, Strata-X engaged Halliburton for the completion stimulation on Burkett 5-34HOR after conducting a detailed…

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