Strata-X Ltd. Announces Commencement of Drilling Operations in Vallecitos Project San Benito County, California
GOLDEN, COLORADO--(Marketwire - Nov. 17, 2011) - Strata-X Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE), through its wholly-owned subsidiary Strata-X, Inc., has been informed by the Vallecitos Project operator (Patriot Resources LLC) that the 6-31 RD2 well has begun drilling operations in San Benito County, California. The 4,400 foot well is anticipated to take approximately 12 days to drill and in targeting the Yokut sands that are productive in the adjacent F&L Pool.
Strata-X is a Edmonton, Alberta and Golden, Colorado based company and is engaged in the business of oil and gas exploration and development with a variety of exploration opportunities in North Dakota, and production and development opportunities in California and Texas. Strata-X has 42,308,156 common shares outstanding and trades under the symbol SXE on the TSX.V
Public documents for Strata-X Ltd. (formerly known as Ozcapital Ventures Inc.) Can be found at SEDAR (www.sedar.com)