SXE Strata X Energy Ltd

The directors and management of Strata-X Energy Ltd. (TSX VENTURE:SXE)
("Strata-X" or the "Company") are pleased announce that the transaction to
purchase an additional 17.50% working interest in the Maverick Oil Project has
been completed. 


Further to the Company's news release dated September 28, 2012, Strata-X
purchased an additional 17.50% working interest in certain land rights in the
Maverick Oil Project ("Project") for consideration totaling $532,000 USD. The
Project is a new high potential oil development project and consists of a 75%
working interest in approximately 21,000 gross and 11,800 net acres to the
company in Maverick County, Texas. The Project is located within the Maverick
Basin of Texas which, in turn, falls within the published boundaries of the
Eagle Ford shale play. Strata-X is the operator of the properties.


Strata-X anticipates that the Maverick Project lies within the 'light oil' (high
API gravity) window of the Eagle Ford play. Strata-X's acreage acquisition lies
26 miles west of a successful well drilled within the heavier oil window by
Sanchez Energy, who in August announced that the Mark & Sandra #2H in Zavala
County, Texas had a 24-hour initial production rate 931 boepd (96% oil) from a
5,476 foot, 19-multi stage stimulated horizontal well. Within Strata-X's Project
area, the El Indio-1H well drilled by Jadela Oil (US) Operating, LLC in 2011 was
a 2,800 foot, 6-stage gas-fracture stimulated horizontal well. Despite a less
than optimum stimulation and testing program, the well flowed 175 bopd with 1.8
mmcfd of gas over a 12 day test period. 


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, California, Colorado and Western Australia and
production and development opportunities in California and Texas. Strata-X has
48,474,005 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)

This news release contains forward-looking statements, which relate to future
events or future performance and reflect management's current expectations and
assumptions. The use of any of the words "anticipate", "continue", "estimate",
"expect", 'may", "will", "project", "should", 'believe", and similar expressions
are intended to identify forward-looking statements. Such forward-looking
statements reflect management's current beliefs and are based on assumptions
made by and information currently available to the Company. Readers are
cautioned that these forward looking statements are neither promises nor
guarantees, and are subject to risks and uncertainties that may cause future
results to differ materially from those expected and the forward-looking
statements included in this news release should not be unduly relied upon. See
"Risks and Uncertainties" in the Company's Filing Statement dated August 30,
2011 available on SEDAR at www.sedar.com These forward-looking statements are
made as of the date hereof and the Company does not assume any obligation to
update or revise them to reflect new events or circumstances save as required
under applicable securities legislation. This news release does not constitute
an offer to sell securities and the Company is not soliciting an offer to buy
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws of
such jurisdiction.

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