Strata oil & gas is a publicly-traded company leading the field in the exploration and development of bitumen from carbonates in Alberta. Find out more about us... Latest News Releases
Mar-5-2008 Strata Oil & Gas Completes Pre-Feasibility Study on Cadotte Project, NPV Exceeds $1 Billion Strata Oil & Gas Inc. ("Strata") (OTC BB: SOIGF) has released its Pre-Feasibility Study on its 100% owned Cadotte Project in the Peace River Oil Sands area of Alberta, Canada.
Based on forecast prices and costs, this Pre-Feasibility economic analysis indicates that the development of Strata's Cadotte Project is economically viable with a net present value (discounted at 10%) of cash flows before income taxes of USD $1.2 billion.
Norwest Questa Engineering Corporation ("Norwest") of Golden, Colorado completed this independently prepared Pre-Feasibility report on behalf of Strata. Norwest conducted an initial economic evaluation of the Cadotte Project, at a level... more... Oct-10-2007 Strata Oil & Gas Inc. Announces 2-for-1 Forward Stock Split Strata Oil and Gas Inc. (OTC BB: SOIGF) is pleased to announce that its Board of Directors has completed a two-for-one forward stock split of its common stock to the shareholders of record at the close of business on October 8, 2007. On October 9, 2007 the post-split shares were sent to the Company's shareholders without further action on the part of such shareholders. Trading began on a split-adjusted basis on October 10, 2007.
Strata Oil & Gas is a trademark of Strata Oil & Gas Inc. This announcement contains forward-looking statements which involve risks and uncertainties that include, among others,... more... Sep-27-2007 Strata Oil & Gas Inc. Discovers Major Bitumen Resource Strata Oil & Gas Inc. (“Strata”) is pleased to announce the results of its drill program conducted earlier in 2007. Independent analysis of the drilling results and existing data available on a portion of the leases held by Strata gave an estimate of the original oil in place of 2.25 billion barrels of bitumen. This volume is considered to be a “High Estimate” of the in-place Discovered Resource made in accordance with the procedures of the Canadian Oil and Gas Evaluation (COGE) Handbook.
Norwest Corporation (“Norwest”) of Calgary, Alberta, Canada recently completed this independent evaluation of in‑place bitumen resources on... more... Nov-2-2006 Strata Oil & Gas Expands Oil Sands Holdings Another 50 Percent Strata Oil & Gas Inc (OTCBB: SOIGF) announced today that it has increased its Peace River oil sands rights holdings by more than 35,000 acres representing 9 parcels, increasing the size of its Alberta oil sands land base by approximately 50 percent. The parcels are contiguous to Strata's Cadotte oil sands project and its Bearhead oil sands project. Strata's oil sands holdings in Peace River now comprise approximately 106,000 acres (about 165 sections), making Strata one of the largest players in the Peace River oil sands region of Alberta.Regionally, the Peace River oil sands are part of Alberta's vast oil sands... more... |