• Enviromental Management Plan  will allow Strata-X to drill and production test up to 20 wells.
• Approval expected in Q3 2018.
• Serowe CSG Project is a 100% owned 680,000 acre coal seam gas Project in Botswana.
• 3.3TCF Prospective Resource certified to Strata-X.(1)
• Located in the heart of the Kalihari CSG fairway.

Strata-X Energy Ltd. announce that the Company has filed with the Department of Environmental Affiars – Botswana, an Environmental Management Plan (“EMP”) over the highgraded portions of the 100% owned Serowe CSG Project. As announced 13 March 2018, through the retention of EcoSurv Environmental Consultants of Gaborone, Botswana, the Company carried out all ground surveys and testing to complete and submit its EMP to the regulatory authorities. Regulatory approval of the EMP is expected in the third quarter 2018 and will allow the Company to drill and production test up to 20 wells across its idenfied high graded area within the Serowe CSG fairway. 

The highgraded area Strata-X will be targeting is the result of an extensive internal data review and mapping that is interpreted to have the necessary attributes for commercial CSG. Within the highgraded area, some previously drilled wells flowed or bubbled fee gas from the targeted coal reservoirs –  which can only occur from 100% saturated coal seams. Higher gas saturated coal seams require less water drawdown and, therefore, usually produce initial gas flows more quickly than undersaturated coal seams.  

To accommodate the appraisal programme over the Serowe CSG Project, which includes the drilling, completion and production testing of up to 20 locations, the Company has been and remains in negotiations with various third parties to provide funding through farm-in or hybrid financing.

(1) Prospective Resources figures are from an audit report prepared by MHA Petroleum Consultant