Strata-X Announces Grant of Stock Options

Golden, Colorado, and Edmonton, Alberta, September 26, 2012 -The directors and management of Strata-X Ltd ("Strata-X" or the "Company") today announced that following the close of markets on Tuesday, September 25, 2012, it granted stock options to acquire up to 1,000,000 common shares of the Company to certain of its officers, directors, and consultants.

The Company also determined to issue finders' warrants to acquire up to 200,000 common shares of the Company to external consultants who assisted the Company in securing exploration permits in Canning Basin, Western Australia (see press release dated March 6, 2012).

The stock options and finders' warrants have an exercise price of $0.34 per common share, being the closing price of the Company's common shares on the TSX Venture Exchange on September 25, 2012. The stock options vest immediately and will expire on September 25, 2022. The finders' warrants will expire on September 22, 2015.

These grants of stock options and finders' warrants are subject to regulatory approval, including the approval of the TSX Venture Exchange.

Strata-X is a 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 Western Australia, and production and development opportunities in California and Texas.  Strata-X has 45,474,005 common shares outstanding and trades under the symbol SXE on the TSX.V


For further information, please contact:

Tim Hoops
President
Telephone: 303-550-5582
info@strata-x.com

OR

Doug Walker
Corporate Secretary
Telephone: 780-439-8995

Public documents for Strata-X Ltd. can be found at SEDAR (www.sedar.com).

This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, ‘may”, “will”, “project”, “should”, ‘believe”, and similar expressions are intended to identify forward-looking statements. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected and the forward-looking statements included in this news release should not be unduly relied upon. See “Risks and Uncertainties” in the Company’s Filing Statement dated August 30, 2011 available on SEDAR at www.sedar.com These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the Company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.