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Strata Power Corp SPOWF

Energy Oil & Gas E&P
Strata Power Corporation is a Canada-based company engaged in the acquisition, exploration and development of heavy oil projects in the Peace River oil sands region in Northern Alberta, Canada (the Peace River Properties). The Peace River Properties are located in the Peace River oil sands region in Alberta approximately 40 to 50 kilometers away from the town of Peace River. The Company has a partial interest in 7 oil sands leases, totaling 8,704 hectares, all located in the Peace River oil sands area. In addition, the Company has a royalty interest in 10 oil sands leases and owns one non-producing well.


OTCPK:SPOWF - Post by User

Strata Power Corp
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Post by mer666on Mar 29, 2006 11:29am
352 Views
Post# 10571451

news today and my thoughts

news today and my thoughtsI looked a little into this "cold production" method, didnt get much info yet. I would think mining is the best then SAGD seems to be the next popular methond of recovery. Price went up last couple days because of this news, when I asked off 1.77 was a good time to buy, well I geuss it was. All oil sands should do well for a while ans so should Strata but they do seem slow and like mentioned before maybe they are very inexperienced, but they got the land, should count for something. Maybe waiting for a buyout.
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