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Strata-X Energy Ltd.

03:31 PM EST - Strata-X Energy Ltd. : Offered an update on the operations of CSG well 19B-1, the first well in a 100% owned tenement located within the Company’s Serowe CSG Project interpreted high graded area of the Botswana CSG fairway. After reaching a total depth of 474 metres, the 19B-1 well was successfully logged and has been suspended for potential future production testing. The well was logged using conventional and state-of-the-art Borehole Magnetic Resonance (BMR) logging tools. Due to the remote location of the well, the raw log data is being transported back to the logger's offices for processing. The final processed data and interpretation of the well results should be available within a week. The interpretation of the well results will be integrated into the current regional data set with the goals to pursue a resource upgrade and, if warranted, the long term production testing of this well. Strata-X Energy Ltd. shares V.SXE are trading down $0.01 at $0.05.