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Strata-X Ltd. provides results of drilling operations in Vallecitos project


Published Oct 26, 2011
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Strata-X Ltd.

Strata-X Ltd. through its wholly owned subsidiary Strata-X, Inc. has been informed by the Vallecitos Project operator (Patriot Resources) that the Rhino # 1 location in San Benito County, California has finished drilling at a depth of 6,977 feet and will be abandoned.

Despite minor shows of hydrocarbons, the geophysical results indicated that the location was not ideally positioned for trapping economic quantities of hydrocarbons.

The next well in the project is expected to begin drilling a new target within a week's time and will be located within the field limits of the F&I Pool.

Tags: Strata-X Ltd.




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