UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13-a16 or 15d-16 under the Securities Exchange Act of 1934
For the month of September 2005
STRATA OIL & GAS INC.
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(Registrant's Name)
918 16th Avenue NW, Suite 408
Calgary, Alberta, Canada, T2M O3K
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(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F: Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [ X ]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-
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Property Acquisition
On September 14, 2005, Strata Oil & Gas Inc (the `Company") acquired a 100%
interest in Alberta Oil Sands Lease #7400100011 (the `Property' or `Drowned Area
Oil Sands Project'). The rights to the Property were acquired for CDN $25,000
from Scott Land & Lease Ltd. The Property covers 1,260 hectares of land in the
Drowned Area of the Wabasca oil sands in the West Athabasca area of Northern
Alberta, covering lands Section 36 in Township 75 range 23 West of the 4 th
meridian and Section 1 in Township 76 range 23 West of the 4th meridian. The
lease gives the Company the right to explore the Property covered by the lease.
The Company's Drowned Area Oil Sands Project has had four wells drilled on it
for gas exploration. The well drill logs demonstrate the presence of bitumen in
all four wells, one of which shows the presence of oil sands. Regionally, the
Wabasca oil sands are part of Alberta's oil sands which covers approximately
54,363 square miles and covers four main regions: Athabasca/Wabasca, Cold Lake,
and Peace River.
Strata's acquisition of the Drowned Area Oil Sands lease includes an overriding
4% royalty agreement with the vendor. The royalty is to be paid on a
well-to-well basis and is payable on all petroleum substances produced by any
well on the Property.
Management will consider acquiring additional oil sands leases whether through
private or Alberta government land sales as opportunities become available.
Management is assessing the oil sands leases becoming available through the
Alberta government land sales this October and may be submitting bids if
warranted.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
STRATA OIL & GAS INC.
By: __/s/____________
Name: Manny Dhinsa
Title: President
Date: September 19, 2005