SXE Strata X Energy Ltd

The directors and management of Strata-X Energy Ltd. (TSX VENTURE:SXE)
("Strata-X" or the "Company") are pleased to announce that further to its news
releases of August 27, 2012, September 28, 2012 and October 30, 2012, Strata-X
has completed the second and final closing of its non-brokered private placement
(the "Private Placement").


The Company raised gross proceeds of $263,900 through the sale of units at a
price of $0.25 per unit (each a "Unit"). Each Unit comprises one common share of
the Company (a "Share") and one-half of a common share purchase warrant, with
each whole warrant being exercisable to acquire one common share at a price of
$0.50 per share for a period of four years from closing.


The proceeds of the Private Placement will be used for the acquisition of
additional lands in the Company's Vail project in the United States, the
exercise of an option to acquire a further 17.5% interest in the Maverick
project (see press release September 28, 2012), general working capital and the
costs of the offering.


All securities to be issued under the second and final tranche of the Private
Placement will be subject to a four-month statutory hold period in Canada ending
March 1, 2013.


Strata-X is a Golden, Colorado based company and is engaged in the business of
oil and gas exploration and development with a variety of exploration
opportunities in North Dakota, Illinois, California, Colorado and Western
Australia and production and development opportunities in California and Texas.
Strata-X has 50,287,105 common shares outstanding and trades under the symbol
SXE on the TSX.V.


Public documents for Strata-X Ltd. can be found at SEDAR (www.sedar.com).

FOR FURTHER INFORMATION PLEASE CONTACT: 
Strata-X Energy Ltd.
Tim Hoops
President
303-515-8793
info@strata-x.com


Strata-X Energy Ltd.
Doug Walker
Corporate Secretary
780-439-8995

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