Strat Petroleum Ltd. was established to build on the strong contacts and relationships our management and other team members have in the Russian Federation and other CIS countries in the oil and gas industry. <more...>

 

Warning: Strat Petroleum Ltd., Strat Petroleum (Canada) Ltd. and Strat Petroleum (CIS) Ltd. have no relation in any way, shape, or form in any agreement, commitment or contract with Strat Petroleum, Scotland (UK).

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Dear Investor:

Strat Petroleum Ltd. was established to build on the strong contacts and relationships our management and other team members have in the Russian Federation and other CIS countries in the oil and gas industry. The Company is publicly traded on the NASDAQ Pink Sheet Exchange.

Strat Petroleum’s corporate strategy is to build strong asset value through the acquisition of licenses for oil and gas properties with proven reserves and where possible with producing or capped wells, initially in the Russian Federation. The Company will invest in the development of the fields through direct investment or the establishment of joint ventures. The Company will also leverage relationships with local refineries to secure refined oil product for sale to international markets, in order to generate revenues and cash flows. To achieve these objectives, the Company intends to follow an aggressive acquisition and sales strategy and pursue the best financing alternative for each opportunity in order to realize early returns on investment. Our aim is to be selective in securing those opportunities that have the lowest risk while diversifying sources of revenue through sale of crude oil and refined products.

The initial opportunity available is the right to acquire a working interest in one or more oil and gas fields in the Region of Orenburg, Russia, which is located in the Urals of Western Siberia.

Orenburg Oblast (Province) is a leading oil and gas producer. Exploration has revealed over 140 oil and gas deposits there. Proven reserves of oil exceed 127.4 million metric tons, while gas estimates are 821.1 billion cubic meters. The region has an estimated 40 to 50 years of commercially exploitable natural gas reserves. Orenburg currently produces between 8.4 and 8.5 million metric tons of oil. However, substantial investment is required in order to further develop the region's oil and gas extraction industries. Only about 1% of proven reserves have been extracted which not only leaves significant quantities yet to be extracted but large tracts of land still untested.

Your management team will be focused on developing the various opportunities presented in order to build a strong Company and above all increase shareholder value.

Should you wish any additional information on our projects, please visit our website at www.stratpetroleum.com or contact our office at (905) 761- 9169. Thank you for your interest in Strat Petroleum Ltd.

Yours truly,


H. Sam Hyams

 

 


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