12:01 PM EST - Strata-X Energy Ltd. : Offered an update on the drilling operations of CSG well 19B-1, the first well in a 100% owned tenement located within the Company’s interpreted high graded area of the Botswana CSG fairway.The 19B-1 well has been cased and cemented to 330 metres with cement pressure tests indicating a superior cement bond enabling the well to be set up as a producer in the future. Between 415-421 metres bright coals and gas bubbles in the return flow, along with water, were encountered. Currently the Company is making minor changes to the diverter and will recommence drilling and short term flow testing tomorrow. Strata-X Energy Ltd.
shares V.SXE are trading down $0.01 at $0.06.
