The directors and management of Strata-X Energy Ltd. that the Company's application to drill the Burkett 5-34HOR well in the Vail Oil Project has been approved by the Illinois Department of Natural Resources (DNR) - Mine & Minerals Division. Drilling of the Burkett 5-34HOR well, the first appraisal well in the Vail Oil Project, is expected to begin in late June. Strata-X currently has a 100% interest in 48,000 net acres covering the project.

The Burkett 5-34HOR well is expected to test the Devonian Lingle formation, a dolomitic reservoir which lies directly below the hydrocarbon rich New Albany Shale. This shale, which is interpreted to have expelled in excess of 300 billion barrels of oil (Lewan, et al., 2002), is the primary source of hydrocarbon generation in the Illinois basin. To date, the basin has produced over 4 billion barrels of oil (Higley, et al., 2001). The areas in the immediate vicinity of the test well have had historic production and quality oil shows from the Devonian Lingle formation.

Tags: Strata-X Ltd.