Strata-X Executes Drilling Contract for the First Horizontal Well at the Vail Oil Project


The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (TSX.V:SXE) (ASX:SXA) are pleased to provide an update on the Company’s Vail Oil Project in the Illinois Basin, Illinois (USA) where Strata-X currently has a 100% interest in 46,300 net acres. The Vail Oil Project is a high potential oil appraisal and development project with the first appraisal well due to commence in the second quarter of 2013.

The Company executed a Drilling Contract with Les Wilson Inc. for the drilling of the horizontal appraisal well in the Vail Oil Project. The Company will utilize Les Wilson Inc.’s rig #25 which is expected to be available to commence drilling Strata-X’s well in mid-May 2013.

Strata-X has submitted an application to drill the horizontal well to the proper regulatory agencies in the State of Illinois with the following expected parameters: a true vertical depth of 4,500ft, a true measured depth of 9,300ft and a horizontal leg length of 4,300ft. The permit to drill the well is expected to be approved by the State of Illinois in the coming weeks and will be followed by further press releases detailing the Company’s plans in this project.

More information about the Vail Oil Project and Strata-X’s portfolio of projects can be found on the Company’s website at

About Strata-X
Strata-X is a Denver, 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, Texas, Illinois and Western Australia and production and development opportunities in California. Strata-X has 123,752,453 common shares outstanding and trades under the symbol “SXE” on the TSX.V and “SXA” on the ASX.

About Les Wilson Inc.
Les Wilson Inc. is based in Carmi, Illinois (USA) and specializes in vertical and horizontal oil and gas well drilling services. They use modern rigs and equipment, and have been servicing the oil drilling industry for over 70 years.

For Further information contact:

Tim Hoops (USA) orColin Christensen (Canada) or Duncan Cornish (Australia)
President   Investor Relations   Corporate Secretary
+1 720-515-8793   +1 403-483-8363   +61  7 3212-6299

This announcement was made in Canada for the TSX.V and in Australia for the ASX.

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

By definition of the COGE Handbook - "Undiscovered resources are those quantities of oil and gas estimated on a given date to be contained in accumulations yet to be discovered." Further the Handbook states - Caution (per NI 51-101/5.9(2)(v)(B)) - "There is no certainty that any portion of the resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resources." In addition, per NI 51-101/5.6 "the estimated values disclosed do not represent fair market value."
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.
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