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Strata-X Energy

09:51 AM EST - Strata-X Energy : Reports that its Kuhlig #1 8-mile step-out vertical pilot well encountered approximately 16 feet of Lingle formation reservoir as anticipated. Reservoir pressure was twice the reservoir pressure of the initial Burkett 5-34 well where the 1800 foot lateral test well reached over 300 BOPD. Strata-X Energy shares V.SXE are trading unchanged at $0.07.