Oil & Energy - Peace River, Alberta, Canada
Strata Oil (stock symbol SOIGF) is engaged in the exploration and development of heavy/extra-heavy oil from sands & carbonates. Our regional focus is the Peace River region of Alberta, which is the location of our 100%-owned Cadotte project. Our project is directly to the north of Shell's Carmon Creek thermal project, and is surrounded on the north/west/east by Koch. Strata Oil's Cadotte project will produce more than 56,000 barrels per day, with 887 million (recoverable) barrels and an NPV of more than $1.2 billion.
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