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SE. Stratic Eng

11.75
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Stratic Eng LSE:SE. London Ordinary Share CA8629281087 COM STK NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Al Tayr 101 well, Block 17, Syria completed

25/01/2010 1:00pm

UK Regulatory



 

TIDMSE. 
 
RNS Number : 0629G 
Stratic Energy Corporation 
25 January 2010 
 

 
 
NEWS RELEASE 
 
 
Al Tayr 101 well, Block 17, Syria completed 
 
 
CALGARY and LONDON, January 25, 2010 - Stratic Energy Corporation (TSX Venture: 
'SE', AIM 'SE.') ("Stratic" or the "Company") announces that the Al Tayr 101 
well, drilled on its operated Block 17 concession in Syria, has reached TD and 
is being plugged and abandoned following an unsuccessful test program. The well 
was spudded on October 7, 2009 and was drilled to a depth of 3,150 meters. The 
well encountered gas shows throughout the Kurrachine Dolomite section, the main 
producing horizon within the Ash Shaer and other nearby producing fields. The 
well was tested, including an acid stimulation program, over two prospective 
intervals, neither of which flowed gas to surface. The well satisfies the 
exploration commitment in the first phase of the concession. 
 
 
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 Syria. 
 
 
 
 
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, 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. 
 
 
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 contact: 
 
 
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                                            +1 952 929 7243 
Email: roger.fullerton@straticenergy.com 
 
 
Website: www.straticenergy.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 DRLKKPDNDBKDQDB 
 

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