Strat Petroleum Hires Leading Investor Relations Firm



    TORONTO, August 9 /CNW/ - Strat Petroleum, Ltd. (OTC:SPRL), an emerging
exploration and development company focusing on oil and gas opportunities in
the Russian Federation, today announced it has appointed Christensen
(www.christensenir.com), to provide investor and media relations services.

    Christensen is a capital markets advisory firm assisting global,
national, small to large capitalized companies. In business for 25 years,
Christensen provides its clients with a customized choice of investor
relations and financial communication solutions designed to fit clients'
individual needs according to their industry sector.

    "We are committed to providing our shareholders with enhanced
communications and have searched for the right investor relations firm to
assist with this effort," said Sam Hyams, president & CEO of Strat Petroleum
Ltd. "We feel that we have finally found that firm with Christensen. Their
experience with small- and micro-cap companies, as well as having an expertise
in energy-related industries, will provide Strat Petroleum with a more focused
investor and media relations program to achieve our long-term goals."

    Services will be provided by cQuest, an affiliate of Christensen. cQuest
assists companies with market capitalizations of less than $200 million
achieve fair market valuation and strengthened brand recognition in the global
financial markets and business media. The appointment of cQuest reinforces the
Company's commitment to improve its external communications and increase its
visibility within the financial community.

    The services agreement with Christensen began May 1, 2007.

    About Christensen

    Committed to delivering quantifiable results and value to its clients,
Christensen is a privately held investor relations and financial consulting
firm specializing in the full integration of communications programs to
motivate markets and build share value for its clients. The Company's programs
provide specific models for the establishment of effective analyst, broker,
investor and media relationships designed to enhance clients' market and brand
value through proactive, consistent messaging. Since 1982, the firm has worked
with business leaders, IR professionals and marketing specialists spanning all
industries to create innovative solutions to strategic marketing and investor
relations challenges for a diverse domestic and international client base of
Fortune 500 as well as emerging growth companies.

    About cQuest

    cQuest is an affiliate of Christensen, a global capital markets advisory
firm with offices in New York, Hong Kong, Phoenix, Montreal, Toronto and
Calgary. Providing its clients with a customized choice of investor relations
and financial communication solutions, designed to fit clients' individual
needs, cQuest assists companies with market capitalizations of less than $200
million achieve fair market valuation and strengthened brand recognition in
the global financial markets.

    About Strat Petroleum:

    Strat Petroleum is an emerging exploration and development company
focusing on investment in oil and gas properties and other related projects in
the Russian Federation. For more information, please visit the company website
at www.stratpetroleum.com. The company's phone numbers are: 905-761-9169
(main), 416-628-8018 (fax) and 646-216-9751 (U.S.).

    Forward-looking Statement

    Statements made in this press release regarding the Company's or
management's intention, beliefs, expectations, or predictions for the future
are forward-looking statements. Such forward-looking statements are subject to
a number of risks, assumptions and uncertainties that could cause the
Company's actual results to differ materially from those projected in such
forward-looking statements. These risks, assumptions and uncertainties
include: the ability to compete effectively in a rapidly evolving and price
competitive marketplace; uncertainties of completing business transactions;
uncertainties of raising necessary capital; no control over long term pricing;
possible reductions in demand for our products and services due to competition
or changes in industry conditions or political environment; changes in the
nature of energy regulation in the Russian Federation, the United States and
other countries; political risk; currency exchange risk; changes in business
strategy; the successful integration of newly-acquired businesses; the impact
of technological change; reliance on management and management contacts; and
other risks that may be referenced from time to time in the Company's filings
with the Securities and Exchange Commission.




For further information:

For further information: Strat Petroleum, Ltd. Investor
Relations/Corporate Communication Raquel, +1 905-761-9169 ext. 233 or
Christensen +1 480-391-0631 SPRL@ChristensenIR.com

Organization Profile

STRAT PETROLEUM, LTD.

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