August 14, 2006 11:51 ET

eResearch Issues Initiating Report on Strata Oil & Gas Ltd.

TORONTO, ONTARIO--(CCNMatthews - Aug. 14, 2006) - eResearch has written an Initiating Report by Eugene Bukoveczky, MBA, CFA and Bob Weir, B.Sc., B.Comm., CFA on Strata Oil & Gas Ltd. (OTCBB:SOIGF). Strata Oil & Gas is a Canadian junior oil and gas company with interests in both the Peace River and the Wabasco regions of the Alberta Oil Sands.

In the report, the Analysts state that, "The Company's Peace River properties are strategically close to those of several major oil and gas companies operating in the area, such as Shell Canada, Talisman Energy, and BlackRock Ventures (recently acquired by Shell Canada)."

The Analysts go on to say, "Over the longer term, with the considerable international attention drawn to the Alberta Oil Sands because of their vastness and accompanying political stability, companies operating there are expected to perform well."

eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential of reaching millions of global investors through our extensive Internet distribution network. eResearch does not trade in the securities of the companies it covers, nor does it accept any stock related compensation for research services. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered. Our sole business is providing quality, unbiased research.

Strata Oil & Gas Ltd. pre-paid eResearch a fee of C$17,500 + GST to provide annual research coverage on the Company.

Contact Information

  • Strata Oil & Gas Ltd.
    Terry Uppal
    Investor Relations
    Toll Free: 1-800-488-0032
    Strata Oil & Gas Ltd.
    Manny Dhinsa
    1 (403) 668-6539
    1 (403) 770-8882 (FAX)
    Bob Weir, CFA
    Director of Research
    (416) 643-7643