SXE Strata X Energy Ltd

Vail Oil Project - Burkett 5-34HOR well HIGHLIGHTS:



--  Successful execution of first horizontal well 
--  Total depth of 6,762 feet reached (with 1,824 feet of lateral drilling) 
--  Oil and gas shows encountered and oil visible in drilling mud from
    targeted Lingle formation 
--  Next step - execute stimulation of the oil zone - on track for
    completion by end of October 2013 
--  Highly encouraging progress to date in this 100% owned project



The directors and management of Strata-X Energy Ltd. ("Strata-X" or the
"Company") (TSX VENTURE:SXE)(ASX:SXA) are pleased to announce that the Company
has reached a total depth of 6,762 in the Burkett 5-34HOR well. The revised
lateral length of approximately 1,824 feet was drilled through the targeted
Lingle formation. While drilling the lateral portion of the well, oil and gas
shows were encountered and live oil was visible in the drilling mud. Please
refer to Slide 14 of the Vail Project Primer found on the Company's website
(www.strata-x.com) which illustrates the current stage of the well and the
Company's plans for the overall development of the well.


The next stage is to set a liner through the lateral section using mechanical
packers and a sliding sleeve completion system. Once the liner has been set the
drilling rig will be moved off location. As indicated on Slide 16 of the Vail
Primer, the Company will conduct a breakdown and pressure test to obtain
definitive reservoir data. This pressure data together with rock mechanics data
derived from the core taken in the vertical stage, will be used to finalize the
stimulation design for the well. Since the rock mechanics data being undertaken
by a third party is not scheduled to be completed until the middle of October,
the Company anticipates that it should be able to finalize the design and
execute a stimulation of the oil zone by the end of October 2013. The Company
owns a 100% working interest in the well and 48,000 net acres in the Vail Oil
Project overall.


Ron Prefontaine, the Chairman of Strata-X said, "We have always stated our
primary risks for the Vail Oil Project in the Illinois Basin and our Maverick
Oil Project in the Eagle Ford shale trend were successful execution of the well
drilling and subsequent completion programs in these projects. Strata-X's CEO
Tim Hoops, and his technical team led by Vice President of Operations Larry
Kellison, have successfully executed the first horizontal well in our Illinois
Basin project within an oil saturated dolomitic reservoir. I am very encouraged
by the oil and gas shows encountered in the drilling of this well and I am
looking forward to continued successful execution of the next stages of the well
including the stimulation and testing program of the oil zone in the coming
months".


As previously announced the Company will be presenting at the RIU Good Oil
Conference which is being held September 3-4, 2013 in Freemantle, Western
Australia. Timothy Hoops, President and Director of Strata-X, will give a
presentation on the Company on September 4, 2013 at the afternoon session. The
Good Oil Conference is one of the leading venues for Junior explorers in
Australia.


The Company also intends to present at the ASX Spotlight Investor Conference to
be held in Singapore & Hong Kong on October 29 and 31, 2013. More details will
follow on times and location of this conference.


As previously announced (Press Release dated July 17, 2013) the Company released
an Investor Presentation called the Vail Oil Project Primer which can be found
www.strata-x.com.


About Strata-X

Strata-X is a Denver, Colorado (USA) based company and is engaged in the
business of oil and gas exploration and development with a variety of
exploration opportunities in North Dakota, California, Colorado, Texas, Illinois
and Western Australia and production and development opportunities in
California. Strata-X has 123,912,453 common shares outstanding and trades under
the symbol "SXE" on the TSX-V and "SXA" on the ASX. 


This announcement was made in Canada for the TSX.V and in Australia for the ASX.

Public documents for Strata-X Energy Ltd. can be found at SEDAR (Canada)
(www.sedar.com) and ASX.com.au (Australia).


By definition of the COGE Handbook - "Undiscovered resources are those
quantities of oil and gas estimated on a given date to be contained in
accumulations yet to be discovered." The Handbook further states - Caution (per
NI 51-101/5.9(2)(v)(B)) - "There is no certainty that any portion of the
resources will be discovered. If discovered, there is no certainty that it will
be commercially viable to produce any portion of the resources." In addition,
per NI 51-101/5.6 "the estimated values disclosed do not represent fair market
value."


CAUTIONARY STATEMENTS

This news release contains forward-looking statements, which relate to future
events or future performance and reflect management's current expectations and
assumptions. The use of any of the words "anticipate", "continue", "estimate",
"expect", 'may", "will", "project", "should", 'believe", and similar expressions
is intended to identify forward-looking statements. Such forward-looking
statements reflect management's current beliefs and are based on assumptions
made by and information currently available to the Company. Readers are
cautioned that these forward-looking statements are neither promises nor
guarantees, and are subject to risks and uncertainties that may cause future
results to differ materially from those expected and the forward-looking
statements included in this news release should not be unduly relied upon. See
"Risks and Uncertainties" in the Company's Filing Statement dated August 30,
2011 available on SEDAR at www.sedar.com. These forward-looking statements are
made as of the date hereof and the Company does not assume any obligation to
update or revise them to reflect new events or circumstances save as required
under applicable securities legislation. This news release does not constitute
an offer to sell securities and the Company is not soliciting an offer to buy
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws of
such jurisdiction.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Strata-X Energy Ltd.
Tim Hoops (USA)
President
+1 855-463-2400
info@strata-x.com


Strata-X Energy Ltd.
Colin Christensen (Canada)
Investor Relations
+1 403-483-8363
colin@strata-x.com


Strata-X Energy Ltd.
Duncan Cornish (Australia)
Corporate Secretary
+61 7 3212-6299
dcornish@strata-x.com
www.strata-x.com

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