Stratic is an international oil and gas company with production and development activity in the United Kingdom North Sea with further growth to come from exploration exposure in the Middle East and North Africa region.

 

North Sea;

• generate maximum near term value from the asset base by continuing to invest in, and press for performance improvements on, West Don, including the drilling of a third production well in 2010

• work to optimise the Crawford development plan and related financing arrangements with a target of submission for approval by mid 2010

• complete existing exploration and appraisal activity (principally in the Bowmore area, and Cairngorm), but not seek new opportunities beyond the existing licence areas

 

Middle East / North Africa;

• seeking material exploration and appraisal opportunities in the Middle East (and possibly North Africa) building on the established office, operating capability and business network available to us in Syria

• improving the frequency of drilling activity to increase interest in the Company - targeting 4 or 5 wells per year, starting mid year 2010

• exploring predominately onshore plays with promoted activity to reduce costs

• funding exploration from North Sea cash flow, against a more conservative balance sheet following restructuring

• focusing our efforts to increase the critical mass and reach of Stratic’s business through local partnerships and alliances, or in combination with other companies

Employment Opportunities at Stratic Energy Corporation - Fraudulent Job Offers