Strata Power Corp. (SPOWF)

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Cag, what could they release right now that they know that could cause this stock to move? Keep in mind that the Norwest report clearly stated that they do not know if the oil is extractable until tests are done.


the report: http://www.sec.gov/Archives/edgar/data/1227282/000093980208000123/form6k030508ex99-1.pdf

Here is where Shell is currently producing from on their Carmon property adjacent to strata, page 16:

"According to public documents prepared by Shell personnel, their Carmon Creek bitumen deposit is mainly contained in two zones, both of which are in the Lower Cretaceous Bluesky Formation. They describe the upper zone as consisting mainly
of siliciclastic sediments of fluvial origin. The lower zone is described in one report as being of estuarine origin with brackish marine characteristics but mainly including
clastic sediments and only a small amount of carbonate."

This is a clastic formation, which has no characteristics or similarities to a carbonate rock.


Here is where Strata's oil is:

page 13
The target zones within the Cadotte leases include:
• Bluesky and Gething clastic Cretaceous Formations and
• Debolt Formation and Elkton Member carbonate Carboniferous units

page 16
The Debolt
is the principal ore zone at Cadotte.


Almost all of strata's bitumen is contained in the carbonate rock.

page 28
"However, in the
Cadotte lease case there are several factors, and one in particular, that prevent such a resource classification being made. The major factor is that, at present, there is no
pilot project that is applying in-situ recovery methods to bitumen in a hardrock carbonate host that can be used as a demonstration of recoverability. Not only is this
the case for Canada but there are no suitable examples anywhere in the world. This means that existing pilot projects in clastic hosts, which have different physical
characteristics from carbonates, have to be used for performance prediction."