Strata-X Energy Appoints Greg Hancock as Non-Executive Director

DENVER, COLORADO and BRISBANE, QUEENSLAND and VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 2, 2015) - Strata-X Energy Limited (TSX VENTURE:SXE)(ASX:SXA) is pleased to announce the appointment of Greg Hancock BA (Econs) BEd (Hons) F.Fin as a Non-Executive Director effective immediately. Mr Hancock's appointment follows the resignation of Don Schurman on 2 July 2015.

Mr. Hancock has extensive experience in corporate finance, capital markets and stockbroking in both Australia and the United Kingdom. In this time he has specialised in mining and natural resources and has a background in the finance and management of small companies. He was a founding shareholder and first Chairman of Cooper Energy Ltd, an exploration and production oil and gas company listed in Australia, and served as Non-Executive Director until 2011. He is Non-Executive Chairman of AusQuest Ltd, an Australian mining exploration company with projects in Peru, Burkina Faso and Western Australia. He is Non-Executive Director of Zeta Petroleum PLC, which is an independent oil and gas exploration and development company with a regional focus in Eastern Europe.

Strata-X President Tim Hoops said: "We are delighted that Greg will be joining the Strata-X Board. His extensive knowledge of corporate finance and capital markets in Australia and, in particular, the listed oil & gas sector will complement our existing skill base and broaden our exposure to Australian capital markets. We are very much looking forward to working with him." Mr. Hoops further commented "We greatly appreciate the service of Don Schurman who has been a director of the company since its inception. We wish Don all the best."

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, Illinois, California, Texas and Western Australia and production and development opportunities in California. Strata-X has 156,584,977 common shares outstanding and trades under the symbol "SXE" on the TSX-V and "SXA" on the ASX.