Strata expands land base by 50% in Alberta (Scandinavian Oil-Gas Magazine)

Strata expands land base by 50% in Alberta

Published Feb 23, 2016

Strata Oil & Gas Inc has entered into an agreement to acquire the rights to over 20,000 acres of oil sands leases in the Peace River oil sands region of Alberta, increasing the size of its Alberta oil sands holdings by a factor of approximately 50 percent.

The rights extend from the Peace River formation to the base of the Pekisko formation. These lands are located next to Strata's Cadotte Project and are situated within the same carbonate trend.

Tags: Strata Oil & Gas Inc

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