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EXPLORATION

Strata-X shores up Copper Mountain

STRATA-X Energy has received a prospective resource report from its third-party engineering evaluator, Chapman Petroleum Engineering, covering the Copper Mountain Oil Project in the Illinois Basin.

Andrew Snelling

According to the report, the project, which spans 20,146 net acres, contains a best estimate prospective resource of 12.8 million barrels of oil net to Strata-X, with an unrisked value of $US320 million...

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