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Strata Power Corp. (SPOWF)

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Last Post: 11/16/2021 6:38:19 PM - Followers: 41 - Board type: Free - Posts Today: 0


Strata Oil & Gas Inc.
918 16th Avenue NW
Suite 408
Calgary, AB T2M O3K


Toll free:



Transfer Agent: Holladay Stock Transfer, Inc.
2939 North 67th Place
Scottsdale, Arizona, 85251



About Strata

Leveraging Higher Oil
Our goal is to provide exceptional shareholder returns in a rising petroleum market. Our focus is to provide greater exposure to petroleum prices by maximizing our in-place resource per common share and minimizing shareholder dilution, looking exclusively to projects within North America, as a means to minimize risk. Our emphasis is on full-cycle exploration --- we believe that we can have a greater impact by developing our own exploration projects rather than acquiring advanced projects from others.





Strata Oil & Gas is focused on the exploration and development of heavy oil / oil sands in Western Canada.

For a non-technical overview of our exploration and development strategy, click here.

Heavy oil and oil sands are very viscous and do not flow easily, and are primarily found in the Western Canada Sedimentary Basin which extends from the Yukon and Northwest Territories, through northeastern British Columbia, Alberta and central Saskatchewan.

Alberta's oil sands reserves represent approximately 54,363 square miles, and cover 4 main regions Athabasca/Wabasca, Cold Lake, and Peace River.



These deposits contain enough oil that if only 30% were extracted, it could supply the entire needs of North America for over 100 years at current consumption levels. Current established reserves -- defined as those that are recoverable using current technologies -- have placed Canada second only to Saudi Arabia in known economic reserves. The total estimated in-place resource for heavy oil / oil sands in Canada is approximately 2.5 trillion barrels, making it the largest known petroleum resource in the world.

Today, our oil sands land base comprises approximately 72,000 acres. Of that, nearly 71,000 acres (approximately 110 sections) is in the Peace River oil sands region which are estimated to contain more than 188 billion barrels of oil, and an additional 1,280 acres (2 sections) in the Wabasca oil sands which are estimated to contain in excess of 94 billion barrels of oil [Alberta Department of Energy, Cold Heavy Oil Production With Sand In The Canadian Heavy Oil Industry, Dr. Maurice Dusseault, March 2002].

Strata's Peace River oil sands parcels are located in 2 areas. Our Cadotte blocks are located immediately adjacent to Shell Canada's Peace River block and 12 miles to the northwest of Blackrock's Seal project. Our Bearhead blocks are located approximately 35 miles to the southwest of the Seal project and about 40 miles to the south of the Peace River complex.

The Seal leases are estimated to contain 2 billion barrels of bitumen and are producing close to 15,000 bpd, and the Peace River complex is estimated to contain 7 billion barrels of bitumen and is producing 9,000 bpd. Blackrock's Seal project production tends to draw from an average bitumen interval of 5 to 18 meters in thickness, and is Canada's second lowest cost producer, even measured against conventional oil producers, at an average operating cost of around $5-6 CDN per barrel. Development of the Peace River oil sands is still considered early-stage relative to Athabasca. Production is expected to increase in the region.

The oil sands in the Peace River area tend to vary in thickness. Production in the area, which was once thought to require expensive thermal operations, has now been shown to also support a non-thermal (cold) production model (like conventional primary production but with sand) (ex. the Seal project, at approximately 10-11 degrees API).

Strata's Peace River projects are being evaluated and exploration is being carried out.

Strata's Drowned Area oil sands project is to the south of the Brintnell-Pelican Lake oil sands deposit. CNRL's Pelican Lake project (80% CNRL, 20% EnCana) contains more than 3 billion in-place barrels of oil, of which as much as 12% is recoverable using current technologies. Production is in the range of 20,000 bpd, and is expected to increase. Pelican Lake is Canada's lowest cost oil producer, at an average operating cost of less than $5 CDN per barrel. The oil sands in this area are in a thin pool (in the range of 4 to 6 meters) but spread out over a large area, like a vast but shallow underground lake of oil. Although technically oil sands, they are conventional in the sense that non-thermal production methods can be used (cold production, whereby the oil and the sand are all extracted together and sent via pipeline from Pelican Lake to Hardisty for processing.

alberta total oil supply                                                                                                                                                                                                

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#2321   SPOWF you remember being in lwctf when it hb90 11/16/21 06:38:19 PM
#2320   You still in this? hb90 11/12/21 04:34:10 PM
#2319   See if I'm patient enough to get in hb90 11/12/21 04:29:57 PM
#2318   Added to my watchlist! Nice SS hb WHITTENHALLJR 11/10/21 01:22:17 PM
#2317   Looks like someone tried to get it going hb90 11/10/21 12:58:23 PM
#2316   Is there anybody left on this board Hangover123 10/18/21 10:41:50 PM
#2315   It's alive! Eloi 02/04/21 02:14:34 PM
#2314   SOIGF changed to SPOWF: Renee 03/05/19 04:53:30 PM
#2313   Strata Oil & Gas Inc. changed to Strata Renee 02/20/19 05:23:49 PM
#2312   Unfortunately this will be in a holding pattern wshaw14 10/01/18 10:57:47 PM
#2311   A decade later, Alberta project aims to both Surnorte 09/09/18 06:43:00 PM
#2310   Nice post! Asia- market with a lot potential. Surnorte 06/11/18 04:51:20 PM
#2309   This could be big news as far as wshaw14 06/10/18 04:38:23 PM
#2308   SOIGF has reached the point where manipulatars are wshaw14 05/19/18 01:20:50 AM
#2307   Not much of anything? It seems their timing wshaw14 05/06/18 01:19:23 AM
#2306   Strata did not do much of anything when nvrstoplrning 05/03/18 01:13:25 PM
#2305   Crude oil at 3-year high, WTI may cross Surnorte 05/02/18 08:39:58 PM
#2304   Oil Prices Higher on Fed’s Economic OutlookFocus remains Surnorte 05/02/18 08:35:37 PM
#2303   Oil prices finish higher as IMF move threatens Surnorte 05/02/18 08:31:46 PM
#2302   Agree. We need $70 oil price to start moving. Surnorte 04/30/18 04:11:49 PM
#2301   Share Information as of 3-26-18 Werbe 04/28/18 04:03:21 PM
#2300   Still nothing happening here. I would guess that wshaw14 04/12/18 06:59:52 AM
#2299   42.9% up...??? Surnorte 02/20/18 05:36:41 PM
#2298   Someone trying to lure suckers in with a wshaw14 02/15/18 03:07:34 PM
#2297   I plan to TCLW 02/04/18 03:07:38 PM
#2296   SOIGF $$$ :-D Surnorte 02/04/18 03:04:38 PM
#2295   I found it. Is there a problem with wshaw14 01/19/18 03:05:49 AM
#2294   I am still in. TCLW 01/18/18 03:23:07 PM
#2293   STRATA OIL & GAS, INC. nvrstoplrning 01/18/18 01:14:09 PM
#2292   Canadian heavy oil headed for highest levels in nvrstoplrning 01/17/18 11:55:18 AM
#2291   Can anybody make sense of all of this ? nvrstoplrning 01/17/18 10:28:35 AM
#2290   Who else is still hodling, SOIGF I want Surnorte 01/16/18 05:07:57 PM
#2289   Seems like this is on life support.it should nvrstoplrning 01/13/18 04:36:39 PM
#2288   So what, this company at a pathetic all ss0722 01/11/18 09:02:45 PM
#2287   WOW! Oil is on fireeeee! Hit above $70 Surnorte 01/11/18 05:20:11 PM
#2286   Oil prices ease from 3-year highs after Brent Surnorte 01/11/18 05:17:08 PM
#2285   Oil Reaches $70 a Barrel for First Time Surnorte 01/11/18 05:15:05 PM
#2284   Oil prices rise to hit four-year high of Surnorte 01/11/18 05:12:05 PM
#2283   Nice move up today, but only 9000 shares? Lol wshaw14 01/10/18 09:50:58 PM
#2282   This administration in Canada have a lot regulations Surnorte 12/01/17 05:52:06 PM
#2281   Yes, the NDP party is the party of wshaw14 12/01/17 04:14:41 AM
#2280   SOIGF one for 10 reverse split: Renee 11/30/17 05:44:54 PM
#2279   Alberta ranks 33rd on global list of attractive nvrstoplrning 11/30/17 03:05:01 PM
#2278   $60 oil means supply and demand are finding balance nvrstoplrning 11/30/17 03:04:02 PM
#2277   Alberta's oilpatch is heating up again nvrstoplrning 11/30/17 03:02:41 PM
#2276   Excellent post! Surnorte 11/23/17 04:05:20 PM
#2275   Big Oil abandoning Canada’s oilsands in quest for nvrstoplrning 11/22/17 10:02:50 AM
#2274   I dont know the answer to either question. wshaw14 11/14/17 07:36:26 PM
#2273   $SOIGF$$$~~>WHEN THEY'S A CRYIN<<~~>>I'S A BUYIN!!!!:-D $$$ Surnorte 11/14/17 03:36:07 PM
#2272   Try calling IR at 8772375443. 1000% chance you ss0722 11/14/17 02:49:09 PM
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