Al Tayr-101 Commencement of Operations


 

TIDMSE. 
 
RNS Number : 4576A 
Stratic Energy Corporation 
08 October 2009 
 

 
 
NEWS RELEASE 
 
 
Commencement of operations on the Al Tayr-101 exploration well in Syria 
CALGARY and LONDON, October 8, 2009 - Stratic Energy Corporation (TSX Venture: 
'SE', AIM: 'SE') ("Stratic" or the "Company") announces that it has commenced 
drilling operations at the Al Tayr-101 well on the Jebel Nasrani prospect 
located in Block XVII in the Palmyride Basin of south west Syria. The well was 
spudded with an AMAK rig on 7 October 2009. Stratic has a 35% per cent interest 
in Block XVII and is operator of the block which covers an area of approximately 
5050 square kilometers. 
 
 
The Al Tayr-101 exploration well is targeting Triassic Kurrachine carbonates, 
which are the main gas bearing reservoirs in the gas fields to the north of this 
area. The well is estimated to take 80 days to drill to a total depth of 
approximately 3000 meters. The Jebel Nasrani prospect is one of eight prospects 
that have been identified in Block XVII from a seismic work program that 
included the acquisition of 1105 kilometers of new seismic data and the 
reprocessing of approximately 1500 kilometers of legacy seismic data. 
 
 
Dr Mark Bilsland, Chief Operating Officer, commented "We are looking forward to 
the results of this exploration well which is designed to test the full sequence 
of the Kurrachine reservoirs at the Jebel Nasrani prospect. If successful, there 
is additional follow on potential in the 7 other mapped prospects at Kurrachine 
level." 
 
 
For further information contact: 
John van der Welle, Chief Financial Officer    +44 20 7766 7920 
Mark Bilsland, Chief Operating Officer          +44 20 7766 7900 
 
 
Patrick d'Ancona, M:Communications           +44 20 7153 1547 
 
 
Canadian Investor Relations 
Roger Fullerton                              +1 952 929 7243 
Email: roger.fullerton@straticenergy.com 
 
 
Website: www.straticenergy.com 
 
 
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, Italy, Turkey and Syria. Its 
shares are listed on the TSX Venture Exchange in Toronto and on AIM, London and 
its principal operating office is in London, UK. 
 
 
 
 
Forward-looking statements 
 
 
This news release contains certain forward looking statements, which involve 
assumptions with respect to future plans, production levels and results, and 
capital expenditures. The reader is cautioned that all such forward looking 
statements involve substantial risks and uncertainties and the assumptions used 
in their preparation may not prove to be correct. Stratic's actual results could 
differ materially from those expressed in, or implied by, these forward looking 
statements and accordingly, the forward looking statements are qualified by 
reference to these cautionary statements. The forward looking statements 
contained herein are made as at the date of this news release. Stratic 
undertakes no obligation to update or publicly revise forward looking statements 
or information unless so required by applicable securities laws. 
 
 
TSX-V and AIM notifications 
 
 
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). 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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Stratic Energy (LSE:SE.)
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