Strata Power Corporation, an exploration stage company, engages in the acquisition, exploration, and development of oil and gas properties in Canada. The company focuses on carbonate-hosted bitumen deposits. As of December 31, 2021, it had a 50% interest in 7 oil sands leases covering an area of 8,704 hectares located in the Peace River oil sands region in Northern Alberta, Canada; and has a royalty interest in 10 oil sands leases and owns 3 non-producing wells. The company was formerly known as Strata Oil & Gas Inc. and changed its name to Strata Power Corporation in December 2018. Strata Power Corporation was incorporated in 1998 and is based in Calgary, Canada.