Strata-X Trades on the ASX


The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (TSX.V:SXE) (ASX:SXA) are pleased to announce that the Company has been listed on the Australian Securities Exchange (“ASX”) under the ticker symbol “SXA” and that trading of the CHESS depository interests (CDIs) has commenced. Each CDI is equivalent to and exchangeable for one common share in the capital of Strata-X. The Company’s existing shares will continue to be traded on the TSX Venture Exchange under the symbol “SXE”.

Through the Initial Public Offering (“IPO”) an aggregate of 42,303,293 CDIs were sold, at a price of AUD$0.30 per CDI, generating aggregate gross proceeds of AUD$12,690,987. Proceeds from the IPO will be used to fund a drilling campaign on the Company’s oil and gas projects in the Eagle Ford Maverick Oil Project in Texas, the Vail Oil Project in Illinois and the Sleeping Giant Project in North Dakota.  Additionally, a portion of the raised funds will be used to acquire further high reward potential opportunities, pay the expenses of the IPO and provide ongoing working capital for general and administration expenses.

Strata-X is a Golden, Colorado (USA) based company and is engaged in the business of oil and gas exploration and development with a variety of exploration opportunities in North Dakota, California, Colorado, Illinois and Western Australia and production and development opportunities in California. Strata-X has 123,236,013 common shares outstanding and trades under the symbol “SXE” on the TSX.V and “SXA” on the ASX.

For Further information contact:
Tim Hoops


Colin Christensen
Investor Relations

Public documents for Strata-X Energy Ltd. can be found at SEDAR (Canada) ( and (Australia).

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 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.