Strata-X Announces Grant of Stock Options

The directors and management of Strata-X Ltd ("Strata-X" or the "Company") (TSX
VENTURE:SXE) today announced that following the close of markets on Tuesday,
September 25, 2012, it granted stock options to acquire up to 1,000,000 common
shares of the Company to certain of its officers, directors, and consultants. 


The Company also determined to issue finders' warrants to acquire up to 200,000
common shares of the Company to external consultants who assisted the Company in
securing exploration permits in Canning Basin, Western Australia (see press
release dated March 6, 2012). 


The stock options and finders' warrants have an exercise price of $0.34 per
common share, being the closing price of the Company's common shares on the TSX
Venture Exchange on September 25, 2012. The stock options vest immediately and
will expire on September 25, 2022. The finders' warrants will expire on
September 22, 2015.


These grants of stock options and finders' warrants are subject to regulatory
approval, including the approval of the TSX Venture Exchange.


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 and Western Australia, and production and
development opportunities in California and Texas. Strata-X has 45,474,005
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)