Stratic Energy Corporation is a Canadian-incorporated international oil and gas company involved in the production, development, appraisal and exploration of hydrocarbons. Stratic Energy Corporation key interests are in the North Sea (UK and Dutch sectors) and Italy, with further interests in Turkey, Syria, Slovenia and Morocco. The oil and gas exploration independent identifies international exploration opportunities in high-impact oil patches that are either underdeveloped or in the early stages of exploration. Since its formation in 1997, Stratic has acquired very early exploration phase concessions, and then partnered with major oil companies to develop these prospects. Stratic has operations and interests in Morocco, Slovenia, Syria, Turkey, and the UK North Sea. All told, the company has proved and possible reserves of more than 19 million barrels of oil equivalent. To raise cash, in 2009 it agreed to sell its Italy-based gas assets to Enel.