Strata Oil & Gas Inc. announce results from its study to further assess the primary heavy oil production potential of its 100%-owned Cadotte West land block in the Peace River oil sands region of Alberta.
The study is part of the evaluation of our Cadotte West land for the development of heavy-oil recovery through Cold Production methods. Cold Production is the use of conventional oil production methods rather than much more complex and costly integrated secondary recovery techniques. Several developers in the region have successfully demonstrated Cold Production on their leases, including operators such as Murphy Oil, PennWest Exploration, Royal Dutch Shell and Baytex Energy. In all cases, production is from the Bluesky Formation which is one of the oil-bearing units that is widely distributed on our Cadotte lands.