11:41 AM EST - Strata-X Energy : Has received notice from the drilling contractor, Webster Drilling, that it has begun mobilization of their drilling rig to the Kuhlig #1 location, the second well in the Company's Lingle Oil Project. The Kuhlig #1 vertical well is a 12 km step-out of the first completed Lingle horizontal well, Burkett 5-34, where peak production rates of 300 barrels of oil per day were achieved. It is anticipated the Kuhlig #1 well will be spudded following the Labour Day holiday on September 10. Strata-X Energy
shares V.SXE are trading up $0.005 at $0.08.