Welcome to Strata-X Energy
Strata-X Energy Ltd. (TSX.V:SXE)(ASX:SXA) and its wholly owned subsidiary, Strata-X Energy, Inc. (Collectively referred to within as Strata-X , Strata-X Energy, or the company) is an independent oil and gas exploration company listed on the TSX-Venture Exchange and also the ASX. Based in Denver, Colorado, USA Strata-X Energy has a portfolio of petroleum projects which provides diversification of high growth exploration opportunities for its shareholders. With over 225,000 net acres of leases in the USA, the company is well positioned to reap the benefits of any exploration or appraisal successes that may be achieved.
The company’s mission is to create substantial growth for its shareholders by finding and developing high reward opportunities that have relatively low entry costs, acquiring meaningful acreage positions in those opportunities, owning a large working interest and retaining operations when it is meaningful to do so.
Strata-X Energy’s current projects in the USA are in the states of Colorado, California, North Dakota, Illinois and Texas. It also holds a 100% equity position in a large area of the Canning Basin in Western Australia. The company has an active drilling program planned for 2013 to evaluate the high resource potential of the substantial Strata-X Energy leasehold.
The company’s management has a proven track record of building substantial shareholder value from grass roots projects. The Chairman of the Company, Vancouver born and educated, Ron Prefontaine, was an executive director of two ASX listed start up companies which have recently been taken over for in excess of $3.5 billion and $550 million respectively. Tim Hoops, President of Strata-X Energy, has an extensive career of sourcing petroleum projects that have substantial upside potential and coupled with his proven management abilities in exploration and development make Tim an ideal President for a growth oriented start up like Strata-X Energy.