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Welcome to Strata-X Energy

Strata-X Energy Ltd. (TSX.V:SXE)(ASX:SXA) is an independent oil and gas exploration company listed on the Australian Securities Exchange and also the TSX-Venture Exchange. Based in Denver, Colorado, USA. Strata-X Energy has a portfolio of petroleum projects, with a focus on its 100% owned Serowe CBM Project, which provides diversification of high growth exploration opportunities for its shareholders.

Strata-X Energy’s primary focus is on its 1,129,000 acre Serowe CBM Project located in the Republic of Botswana, where it explores a potential multi-TCF coal seam gas resource. An active 2019 appraisal programme is planned for the Serowe CBM Project, where the Company retains a 100% interest in the project located in the heart of the Kalahari Basin. The 6.08 Tcf Prospective Resource tenement position directly adjoins projects approved for commercial CBM development. The Serowe Gas Project will be the growth driver for the Company in 2019 and beyond as it executes on a staged exploration plan to delineate and prove-up the CBM resource.  The initial focus of the Company’s 2019 appraisal programme will be to production-test direct offset areas within the Company identified high-graded area, where a historically cored well was drilled in 2003 by the Government of Botswana and intersected about 8 metres of bright coals with gas saturations up to 100%. 

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. 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.

 

June 2019 Fast Tracking CBM Development in Botswana

2019 Q3 TSX MD&A