Successful Drilling of the East Breagh Well in the UK North Sea



    CALGARY and LONDON, Oct. 3 /CNW/ - Stratic Energy Corporation (TSX
Venture: 'SE', AIM 'SE.') ("Stratic" or the "Company") is pleased to announce
the successful drilling of the East Breagh well located on Block 42/13 in the
United Kingdom North Sea.
    The well (42/13-4) was drilled to a total depth of 8000 feet true
vertical depth sub-sea. Preliminary analyses of both the core and the well
logs indicate two gas bearing intervals with approximately 72 feet net sand in
total. Preliminary geological analysis indicates that these upper gas sands
show 30 feet of high quality reservoir and appear to correlate with the sands
encountered in the previously drilled West Breagh well (42/13-3) approximately
four kilometres away. The joint venture partners have agreed to commence a
testing programme over both the upper and lower reservoir sections to complete
the evaluation of the well.
    Kevin Watts, Stratic's President and Chief Executive Officer commented
"The results to date from this important well are very encouraging and go a
long way towards proving that the east and west areas of the structure are
part of a single larger gas accumulation. We look forward to the results of
the planned test programme, and the immediate follow-up well planned on West
Breagh".

    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: Kevin Watts, Chief Executive Officer, +44 20
7766 7900; John van der Welle, Chief Financial Officer, +44 20 7766 7920; Mark
Bilsland, Chief Operating Officer, +44 20 7766 7900; Patrick d'Ancona,
M:Communications, +44 20 7153 1547; Canadian Investor Relations, Roger
Fullerton, (952) 929-7243, Email: roger.fullerton@straticenergy.com, Website:
www.straticenergy.com

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STRATIC ENERGY CORPORATION

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