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Off-market insider buying at Strata-X Energy (V:SXE)

Updated Friday Jan 03, 2020 02:48 AM EDT

Ronald Francis Prefontaine, a Director, acquired 1,400,000 Common Shares on a direct ownership basis and 2,000,000 Common Shares on an indirect ownership basis for registered holder Prefontaine Super Fund A/C at a price of $0.050 through a private transaction on January 2nd, 2020. This represents a $170,000 investment into the company's shares and an account share holdings change of greater than 100%.

Strata-X Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Strata-X Energy Limited is an independent oil and gas exploration company. Through its subsidiaries, the Company's business activities are directed primarily toward the acquisition, exploration and development of oil and gas properties in the states of California and Illinois within the United States and in Western Australia, Australia. The Company's segments include Canada, United States and Australia. It has a diversified portfolio of potential petroleum projects. The Company holds rights to over 800 leases in the United States. Its subsidiaries include Strata-X, Inc. and Strata-X Australia Pty Ltd. Strata-X, Inc. holds Illinois Basin Oil Project and Eagle Oil Project. Strata-X Australia Pty Ltd. holds Canning Project. The Company holds approximately 20,618 net acres in the Illinois Basin. The Company holds a permit to explore approximately 1.4 million acres in the Canning Basin in northwest Australia.

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Go to Strata-X Energy Ltd. (SXE)'s company page

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