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).