Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) is
pleased to announce the hiring of Dr. Ira Pasternack as Vice President of
Exploration. Prior to joining Strata-X, Dr. Pasternack served as geotechnical
team coordinator and an advisor for several petroleum companies including Amoco
Production Company and Encana Oil and Gas (USA). Dr. Pasternack earned a BA in
geology from Occidental College (Los Angeles) and MS and PhD degrees in geology
from the Colorado School of Mines. Dr. Pasternack has evaluated conventional and
unconventional petroleum systems for over thirty years. His experience ranges
from wildcat exploration to detailed reservoir studies conducted to optimize
field development programs.


Warrant Extension

The Company has applied to the TSX Venture Exchange (the "Exchange") for
acceptance to amend the terms of an aggregate of 7,647,500 common share purchase
warrants issued pursuant to a non-brokered private placement ("Private
Placement") of Units ("Unit Warrants") and Convertible Notes ("Note Warrants")
which closed in two tranches on June 29, 2012 and July 13, 2012. The Unit
Warrants and Note Warrants are exercisable into common shares at an exercise
price of $0.60 and $0.50, respectively. A total of 1,037,500 Unit Warrants and
6,060,000 Note Warrants will be amended by extending the expiry date to June 29,
2015. A total of 400,000 Unit Warrants and 150,000 Note Warrants will be amended
by extending the expiry date to July 13, 2015. No warrants issued under the
Private Placement have been exercised to date. The amendment to the terms of the
Unit Warrants and Note Warrants is subject to Exchange approval and shareholder
approval, as required by the ASX.


The Company will seek shareholder approval for the amendment to the warrants at
its next meeting of shareholders. No warrants can be exercised during the period
following the date on which they currently expire to the date on which
shareholder approval is obtained.


About Strata-X

Strata-X is a Denver, Colorado (USA) 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, Texas, Illinois
and Western Australia and production and development opportunities in
California. Strata-X has 139,785,415 common shares outstanding and trades under
the symbol "SXE" on the TSX-V and "SXA" on the ASX.


This announcement was made in Canada for the TSX.V and in Australia for the ASX.

Public documents for Strata-X Energy Ltd. can be found at SEDAR (Canada)
(www.sedar.com) and ASX.com.au (Australia).


By definition of the COGE Handbook - "Undiscovered resources are those
quantities of oil and gas estimated on a given date to be contained in
accumulations yet to be discovered." The Handbook further states - Caution (per
NI 51-101/5.9(2)(v)(B)) - "There is no certainty that any portion of the
resources will be discovered. If discovered, there is no certainty that it will
be commercially viable to produce any portion of the resources." In addition,
per NI 51-101/5.6 "the estimated values disclosed do not represent fair market
value."


CAUTIONARY STATEMENTS

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
is 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.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Strata-X Energy Ltd.
Tim Hoops (USA)
President
+1 855-463-2400
info@strata-x.com


Strata-X Energy Ltd.
Colin Christensen (Canada)
Investor Relations
+1 403-483-8363
colin@strata-x.com


Strata-X Energy Ltd.
Duncan Cornish (Australia)
Corporate Secretary
+61 7 3212-6299
dcornish@strata-x.com
www.strata-x.com

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