Strata-X Energy Ltd. has submitted a vertical drilling application to the Illinois Department of Natural Resources. The proposed 3,800 foot vertical well, named the Douglas Fir #1, will target shallow Mississippian formations on the Copper Mountain Oil Project which formations have historically produced over 1.5 billion barrels of oil within a 32km radius of Strata-X's Illinois projects.
As part of the evaluation of the Copper Mountain Oil Project, Strata-X's exploration team led by Dr. Ira Pasternack has identified numerous vertical well drilling opportunities. The team has commenced an ongoing detailed mapping and evaluation of the shallow oil zones that are extremely prolific in the immediate area having produced in excess of 1.5 billion barrels of oil within a 32 kilometer radius of the project.
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Strata-X Energy Ltd.
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