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Gold/Mining/Energy : SPRL - Strat Petroleum, Ltd. (Bulls Board)
SPRL 0.00002000.0%Nov 14 9:30 AM EST

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From: jmhollen11/30/2004 4:43:25 PM
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Strat Petroleum Announces Reverse Stock Split 11/30/2004 3:58:00 PM

TORONTO, Nov 30, 2004 (BUSINESS WIRE) -- Strat Petroleum, Ltd. (National Quotation Bureau: SPRU).

Strat Petroleum, Ltd. today announced that the Board of Directors and shareholders have made the reverse stock split of one common share for every thirteen (13) common shares, to be effective as of December 10, 2004, due to certain procedural delays. There will be no change in the par value of such shares or the number of authorized shares; fractional shares shall not be issued, but shall be rounded up to the next whole share.

Shareholders will be required to exchange their stock certificates for post-split stock certificates and will be furnished transmittal documents.

Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.

SOURCE: Strat Petroleum, Ltd.
Strat Petroleum, Ltd.
Kathy Bassi, 1-905-714-0058
stratpetroleum.com
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