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Strata-X Continues Exploration in Eagle Ford and Niobrara

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Strata-X Continues Exploration in Eagle Ford and Niobrara

Strata-X Energy Ltd. has provided an update on the 2013 exploration and appraisal programs for the Company’s three key USA projects, where Strata-X is the operator and majority interest owner.

Maverick Oil Project, Eagle Ford, South Texas – 10,945 net acres

In June 2013, the Company secured the services of a specialized analysis company, Total Depth Pty Ltd.

One of the locations supplied by Total Depth Pty Ltd is known as the Cinco Saus Creek #1. This location is currently being permitted and the Company anticipates receiving all required regulatory approvals by late November. With this timing in mind, Strata-X has contracted Unison Drilling, Inc. of Devine, TX to utilize their rig #11 to drill Cinco Saus Creek #1 and expects the rig to be mobilized to the location by the first week of…

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