Strike Acquires Leasehold in Rockies

Strike Oil Limited
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Strike Oil Limited has exercised its option to participate on the leasehold acquisition over part of the Florence Oilfield in Fremont County, Colorado.

This acquisition represents a new project, which is an exciting expansion of Strike Oil's oil projects in Colorado where it already participates in the Tow Creek/Bear River oil projects.

Strike Oil will have a 26% Working Interest after the earning phase of the Florence project.

The Operator is Comet Ridge Limited. Strike Oil also has an 8.9% shareholding in Comet Ridge Limited.

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