Strata-X Energy Ltd.

Recent News

  • Strata-X Energy: Fully Funded Walloons CSG Pilot Well to Commence

    Project Venus’ ATP 2051P area totals 154 km2 (Real Energy 50%/Strata-X Energy 50% JV) and is located within the productive Walloon CSG fairway of the Surat Basin. Successfully proving commercial gas flows at a Venus Project CSG pilot will allow the predictable conversion of the 694 PJ prospective gas resources certified in ATP 2051P into reserves. The first pilot well, Venus-1, a new vertical well is to be drilled to approximately 650 metres – drilling contractor appointed. A new well was...

    2020-09-14 9:46 PM EDT
  • Strata-X Revises Serowe CSG Project Heads of Agreement Together with Private CDI Placement

    Highlights  On 5 March 2020 Strata-X announced a Heads of Agreement with BotsGas Pty Ltd (“Botsgas”) for a staged farm-out program designed to de-risk the Serowe CSG Project and, if successful, to prove sufficient reserves to secure a foundation Gas Sales Agreement. Due to execution complexities surrounding the COVID-19 pandemic, the parties have agreed on a revised structure for Botsgas to farmin to the Serowe CSG Project. The revised Heads of Agreement (which replaces the terms announced on 5 March 2020): 

    2020-04-27 6:00 AM EDT
  • Strata-X Farms Out the Serowe CSG Project

    Strata-X executed Heads of Agreement with BotsGas Pty Ltd (“Botsgas”) for a staged farm-out program designed to de-risk the Serowe CSG Project and, if successful, prove sufficient reserves to secure a foundation Gas Sales Agreement (GSA).If all stages are progressed, BotsGas will fund 100% of the estimated costs to drill, complete and test up to 19 wells subject to any cost overruns that will be shared between the parties. The 19 well farm-out includes 7 appraisal wells and 3 multi-well pilots...

    2020-03-05 6:00 AM EST
  • Strata-X Serowe CBM Project Acquires Environmental Approval

    Highlights:The Botswana Department of Environmental Affairs has approved the Environmental Impact Assessment (“EIA”) on the Serowe Project.The approved EIA grants Strata-X the right to drill and test an additional 75 wells over the 2.38 Tcf Prospective Resource high-grade area.(1)A multi-well appraisal drilling and production testing programme is planned for 2020 within the high-grade area.Brisbane, Queensland and Vancouver, British Columbia--(Newsfile Corp. - January 9, 2020) - The directors and management of Strata-X

    2020-01-09 8:49 AM EST
  • Strata-X Energy Project Venus Update - Prospective Gas Resources

    Denver, Colorado, Brisbane, Queensland and Vancouver, British Columbia--(Newsfile Corp. - December 12, 2019) - The directors of Strata-X Energy (TSXV: SXE) (ASX: SXA) ("Strata-X" or "Company") are pleased to announce that an independent review of the data for Project Venus (ATP2051 previously PLR2019-1-11) (RLE:50%/SXA:50% "JV") has revealed the following Prospective Gas Resource (Recoverable):HighlightsThe 50:50 JV between Real Energy and Strata X Energy Limited is moving ahead with highly prospective Walloon Coal Seam Gas acreage which is surrounded by major CSG-producing...

    2019-12-12 9:00 AM EST
  • IIROC Trade Resumption - Strata-X Energy Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - July 29, 2015) - Trading resumes in: Company: Strata-X Energy Ltd.

    2015-07-29 7:57 AM EDT
  • IIROC Trade Halt - Strata-X Energy Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - July 28, 2015) - The following issues have been halted by IIROC: Company: 

    2015-07-28 7:56 AM EDT
  • IIROC Trade Resumption - Strata-X Energy Ltd.

    Vancouver, British Columbia--(Newsfile Corp. - June 23, 2014) - Trading resumes in: Company: Strata-X Energy Ltd.

    2014-06-23 8:45 AM EDT