Stratic Energy - Al Tayr 101 well, Block 17, Syria completed
Mark Bilsland, Stratic's Chief Operating Officer commented: "We are disappointed that this promising prospect failed to flow gas to surface. We and our partners, Kufpec and Dualex, are evaluating the results of the well and the remaining prospectivity on the acreage to determine the next steps in the exploration program."
Stratic is operator and holds a 35% working interest in Block 17 in
Notes to Editors:
About Stratic: Stratic Energy Corporation is a Canadian-incorporated international oil and gas business focused on adding value principally through the appraisal, development and production of existing discoveries, supplemented by a low to moderate risk exploration program. Stratic's principal interests are in the UK and Dutch sectors of the North Sea,
TSX-V notification
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this release.
Stratic's Chief Operating Officer, Dr Mark Bilsland BSc (geology), PhD (petroleum petrophysics), and member of the SPE, is the qualified person who has reviewed and approved the technical information in this announcement for the purposes of the AIM Rules for Companies (incorporating the Guidance Note for Mining, Oil and Gas Companies).
For further information: Kevin Watts, President and Chief Executive Officer, +44 20 7766 7900; Mark Bilsland, Chief Operating Officer, +44 20 7766 7900; Patrick d'Ancona, M: Communications, +44 20 7153 1547; Canadian Investor Relations: Roger Fullerton, (952) 929-7243, Email: [email protected]; Website: www.straticenergy.com
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