Development Plan for Longanesi Field Submitted



    CALGARY and LONDON, Feb. 25 /CNW/ - Stratic Energy Corporation (TSX
Venture: 'SE', AIM 'SE.') ("Stratic" or the "Company") announces that the
Development Plan for the Longanesi Field has been agreed with Eni and
submitted by the two partners to the Italian authorities for approval. The
partners have agreed that Eni will operate the development. Submission of this
plan initiates the start of the formal regulatory process, which will take at
least 12 months and is expected to result in the award of two production
concessions (San Potito and Bagnacavallo), and the necessary consents to
permit construction and drilling operations to commence within those
concessions in 2010. The Development Plan includes the drilling of three new
wells within the field, the completion of the two existing wells as producers,
the building of a pipeline gathering system and processing plant and
connection to the national gas grid. First gas is targeted for 2011.
    Mark Bilsland, Chief Operating Officer, commented: "This is an important
milestone in the development of the Longanesi field. We look forward to
working with Eni to obtain the necessary consents to allow construction and
drilling activity to commence".

    
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the contents of this
    release.
    

    About Stratic: Stratic Energy Corporation is a Canadian-incorporated
international oil and gas business focused on adding value principally through
the appraisal, development and production of existing discoveries,
supplemented by a low to moderate risk exploration program. Stratic's
principal interests are in the UK and Dutch sectors of the North Sea, Italy,
Turkey and Syria. Its shares are listed on the TSX Venture Exchange in Toronto
and on AIM, London and its principal operating office is in London, UK.

    Forward-looking statements

    This news release contains certain forward looking statements, which
involve assumptions with respect to future plans, production levels and
results, and capital expenditures. The reader is cautioned that all such
forward looking statements involve substantial risks and uncertainties and the
assumptions used in their preparation may not prove to be correct. Stratic's
actual results could differ materially from those expressed in, or implied by,
these forward looking statements and accordingly, the forward looking
statements are qualified by reference to these cautionary statements. The
forward looking statements contained herein are made as at the date of this
news release. Stratic undertakes no obligation to update or publicly revise
forward looking statements or information unless so required by applicable
securities laws.

    TSX-V and AIM notifications

    The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of this release.

    Stratic's Chief Operating Officer, Dr Mark Bilsland BSc (geology), PhD
(petroleum petrophysics), and member of the SPE, is the qualified person who
has reviewed and approved the technical information in this announcement for
the purposes of the AIM Rules for Companies (incorporating the Guidance Note
for Mining, Oil and Gas Companies).




For further information:

For further information: John van der Welle, Chief Financial Officer,
+44 207 766 7900; Mark Bilsland, Chief Operating Officer, +44 207 766 7900;
Patrick d'Ancona, M: Communications, +44 207 153 1547; Canadian Investor
Relations, Roger Fullerton, +1 952 929 7243, Email:
roger.fullerton@straticenergy.com; Website: www.straticenergy.com

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STRATIC ENERGY CORPORATION

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