Strata-X expands exploration acreage in Eagle Ford

12/6/2012

Strata-X expands exploration acreage in Eagle Ford

GOLDEN, Colorado -- Strata-X Energy has elected to convert certain land option rights it was holding into full exploration leases covering a total of 8,846 acres in the Maverick Oil area.

The company has also reached an agreement on an additional 1,135 acres of exploration leases which are in the process of closing. These two transactions will bring Strata-X's total land holding in the Maverick Oil Project to 10,945 acres. The company is continuing negotiations to expand its leasehold in the area.

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