Strata Oil and Gas Expanding in Alberta’s Carbonate Triangle Region

Strata Oil and Gas (OTCQB:SOIGF) updated on the $1.3 USD billion Cadotte Project and the “Carbonate Triangle” in Alberta.

As quoted in the press release:

HIGHLIGHTS

• During 2011, companies in the Carbonate Triangle region began producing commercial quantities of oil from pilot carbonate drilling projects.

• Alberta’s government has already received applications to expand production to 25,000 bbls per day by 2014 from two producers.

Click here to read the Strata Oil and Gas (OTCQB:SOIGF) press release.