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 heavy oil and carbonate-hosted bitumen deposits. It has partial and royalty interests in 10 oil sands leases, which consists of approximately 8,704 hectares located in the Peace River oil sands area in Northern Alberta, Canada. In addition, the company owns a non-producing well. 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 Abbotsford, Canada.