KEY POINTS - 1.28 million barrels of oil - Proved + Probable, net after royalties (2P) to Blue Spruce Project.(1) - Net Present Value of USD$53.4 million (Before Tax 2P) to Blue Spruce Project. (1) - Strata-X Energy's first well in the Blue Spruce oil field has been successfully put on production. DENVER, COLORADO and BRISBANE, AUSTRALIA and [...]
Key Points: - Production facilities nearly complete on Blue Spruce #1 well - Anticipate first production by end of the week - 12 additional target locations in the field of Blue Spruce #1 well - Finalist for 2014 Wildcatter of the Year- Illinois Basin DENVER, COLORADO and BRISBANE, AUSTRALIA and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 25 [...]
DENVER, COLORADO and BRISBANE, AUSTRALIA and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 9, 2015) - The directors and management of Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) announce that further to the Company's press release dated February 2, 2015, after successfully testing two oil zones in the Blue Spruce [...]
DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 2, 2015) - The directors and management of Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE) (ASX:SXA) announce that further to its news release dated January 19, 2015, the completion testing of the Blue Spruce #1 well on the Illinois [...]
DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2015) - STRATA-X ENERGY LTD. (TSX VENTURE:SXE)(ASX:SXA) - KEY POINTS Highlights Completion equipment mobilized to test Blue Spruce #1 well. Four potential economic zones identified with 33 feet of calculated net pay.[1] 8 direct offset drilling targets [...]
DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 22, 2014) - Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) announces that the Company's first well in a multi-well drilling program in the Illinois Basin, the Blue Spruce #1, has reached a total depth of 3,280 feet. During [...]
DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 21, 2014) - Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) announces that it has closed a second tranche of the private placement announced on November 12, 2014. The second tranche of the private CDI placement (the [...]
DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 18, 2014) - Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) announces that it has begun drilling operations on the first of its planned vertical wells in its 100% owned Illinois Basin high margin oil project. Using Webster [...]
Raises A$1.108 Million in Private Placement DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 7, 2014) - Drilling rig for Blue Spruce #1 well to be deployed in mid December. 3,800ft well expected to cost ~USD$300,000, completed and equipped for production. Finding and development costs of less than [...]
KEY POINTS - Initial five shallow vertical wells starting early next month. - The wells are designed to demonstrate commercial production in direct offsets to historical productive wells with interpreted bypassed oil pay intervals. - Targeted oil is high margin light sweet crude (36 to 38 degree API). - Approximate total vertical depths of approx [...]
DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 12, 2014) - Strata-X Energy Ltd. (TSX VENTURE:SXE)(ASX:SXA) - Highlights Release of updated Illinois Basin Presentation integrating the recently announced high oil flow rate of 310 BOPD reached by the first 'proof of concept' well in the Burkett Oil [...]
Short Form Prospectus DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 5, 2014) - On 5 August 2014 Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) obtained shareholder approval to issue of up to 50 million common shares to unrelated parties under a short form prospectus [...]
+500,00 %
-30,00 %