Strat Petroleum Ltd (SPRL)

[greenbullz]

Ridgeland, MS, AUG 14, 2007 (EventX/Knobias.com via COMTEX News Network) --
By Jay Everitt, [e-mail]
Strat Petroleum, Ltd. (SPRL) has formally announced that during the last
several months management has been evaluating alternative financing proposals, evaluating
and securing rights to new technologies and solutions for application in the Russian
Federation and former CIS, and continues due diligence of several additional opportunities
in the Russian Federation.
The results of these efforts are reflected in several current and pending
operating projects and relationships, the full details of which will be provided
by Strat Petroleum to its shareholders in the coming weeks, followed by consistent
updates.
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