Strata Power Corp.

PEACE RIVER, ALBERTA--(Marketwired - Oct 24, 2014) - Strata Oil & Gas Inc. (OTCQB:SOIGF) announced today that it has submitted its Oil Sands Exploration plan application to the Crown for its drilling program on Strata's 100%-interest Cadotte/Cadotte-West land blocks in the Peace River region of Alberta. The proposed drilling program covers 11 distinct drilling targets and will test for cold production. To view the photo [...]

PEACE RIVER, ALBERTA--(Marketwired - Aug 25, 2014) - Strata Oil & Gas Inc (OTCQB:SOIGF) announced today the appointment of Dave Mahowich to the position of Vice President, Operations. Mr. David Mahowich has 27 years of experience in the oil and gas sector, including expertise in the Peace River oil sands region, where he oversaw drilling operations for Blackrock Ventures Inc. which was subsequently acquired by Shell [...]

PEACE RIVER, ALBERTA--(Marketwired - Aug 8, 2014) - Strata Oil & Gas Inc. ("Strata" or the "Company") (OTCQB:SOIGF) announced today that it has engaged Lorrnel Consultants to assist in the planning and permitting of a drilling program on Strata's 100%-owned Cadotte/Cadotte-West lease blocks in the Peace River region of Alberta. Lorrnel Consultants ("Lornell") will be assisting Strata in submitting an Oil Sands Exploration [...]

PEACE RIVER, ALBERTA--(Marketwired - Jul 30, 2014) - Strata Oil & Gas Inc. ("Strata" or the "Company") (OTCQB:SOIGF) announced today that its technical team has provided recommendations to the Board of Directors pursuant to the Cold Production study initiated by the Company relating to the Cadotte West land holdings in the Peace River oil sands region of Alberta. The study, which is ongoing, utilizes existing well data as [...]

PEACE RIVER, ALBERTA--(Marketwired - Jul 3, 2014) - Strata Oil & Gas Inc. ("Strata" or the "Company") (OTCQB:SOIGF) announced today results from its study to further assess the primary heavy oil production potential of its 100%-owned Cadotte West land block in the Peace River oil sands region of Alberta. The study is part of the evaluation of our Cadotte West land for the development of heavy-oil recovery through Cold [...]

Strata Oil responded to the U.S. State Department's environmental impact statement (EIS) regarding the proposed Keystone XL Pipeline which was just released earlier today. The State Department's EIS concludes that the proposed Keystone XL Pipeline would have minimal impact on the environment over the long term with no appreciable increase in carbon emissions. "The State Department's EIS findings represent a significant s

It has now been revealed that Warren Buffett's oil sands exposure has increased again, with his 40.1 million share purchase of Exxon Mobil, one of the world's leading producers and a major player in Alberta's enormous bitumen play through its 70% stake in Imperial Oil.

Strata Oil & Gas today released its semi-annual update on bitumen production in the Peace River and nearby Athabasca regions of Alberta. Recent activity in Alberta's Carbonate Triangle signals future expansion for oil companies in the region. Strata Oil's recent core analysis provided new findings to validate the positive economics of the Cadotte oil project. This in-depth study conducted for Strata's Debolt reservoir [...]

Strata Oil, announced at the end of May 2013 the completion of its 51-101 compliant Technical Resource Evaluation of the 22 sections (approximately 14,080 acres) of its 100%-owned Cadotte West holdings in the Peace River oil sands. This resource evaluation added 1.4 billion barrels of Petroleum-Initially-In-Place (PIIP as per COGE Handbook definition) to Strata's present resource base, bringing it to a total of 3.4 [...]

Strata Oil & Gas, as a result of the recent findings in its Resource Evaluation of the Cadotte West property released in May 2013, is investigating the potential for primary heavy oil production from its 100% owned Peace River lease block. Cold heavy oil production with sand or CHOPS, is a technique for extracting heavy crude oil (similar to that found in Strata's Cadotte oil project) where sand is allowed into the [...]