SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): June 8, 2004
                                                           ------------

                              Strat Petroleum, Ltd.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

           Wyoming                    0-15435                 13-1026995
           -------                    -------                 ----------
 (State or other jurisdiction     (Commission File           (IRS Employer
      of incorporation)                Number)             Identification No.)

          545 North Rivermede Road, Suite 200, Concord, Ontario L4K 4H1
               ---------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                  (905)761-9169
              ----------------------------------------------------
              (Registrant's telephone number, including area code)

                            F2 Broadcast Network Inc.
          -------------------------------------------------------------
          (Former Name or Former Address, if changed Since Last Report)


<PAGE>

Item 1. Changes in Control of Registrant.

       On June 2, 2004, F2 Broadcast Network, Inc. entered into a letter of
intent acquire Inese Ltd. an Ontario corporation in exchange for shares equating
to 60-2/3% of its outstanding capital stock, with F2 Broadcast continuing to
exist, but changing its name to Strat Petroleum, Ltd.

         On July 12, 2004, by Acquisition Agreement and Plan of Merger, among
Strat Petroleum, Ltd. and five individual shareholders of an aggregate of
200,000,000 Inese shares, constituting all its issued and outstanding shares,
Strat Petroleum, Ltd. acquired all such Inese Ltd. shares in exchange for
696,000,000 Strat Petroleum, Ltd. shares. In addition $500,000 in Strat
Petroleum, Ltd. Notes Payable were converted into 379,000,000 Strat Petroleum,
Ltd. shares.

Item 2. Acquisition or Disposition of Assets.

        Not applicable.

Item 3. Bankruptcy or Receivership.

        Not applicable.

Item 4. Changes in Registrant's Certifying Accountant.

        Not applicable.

Item 5. Other Events.

On June 9, 2004, Ms. Jennifer Merhib, as sole Director on the Board of F2
Broadcast Inc. adopted a resolution to amend the articles of incorporation to
provide capital structure of (1,500,000,000) one billion five hundred million
(1,500,000,000) shares, with 1,450,000,000 common shares without par value and
50,000,000 serial preferred shares without par value.

On June 23, 2004, F2 Broadcast Network, Inc. applied for a Certificate of
Amendment to its Articles of Incorporation to change its name to Strat
Petroleum, Ltd., which was duly approved.


<PAGE>

The Board of Directors of Strat Petroleum, Ltd. agreed to change the year end of
the Corporation from December 31, to June 30, effective the most current year
end being June 30, 2004, to reflect the change in control of the Company and new
direction management plans to take it.

On July 8, 2004, Ms. Jennifer Merhib, as sole Director on the Board of Strat
Petroleum, Ltd. declared and authorized the issue of three hundred and
seventy-nine million (379,000,000) Common Shares, to five individuals upon
conversion of the Notes Payable.

On July 8, 2004, Ms. Jennifer Merhib, as sole Director on the Board of Strat
Petroleum, Ltd. declared and authorized the issue of six hundred and
ninety-seven million (697,000,000) Common Shares, to be issued to the
shareholders of Inese Ltd. for all the outstanding shares held. Ms. Merhib, also
authorized the issue of fifty six million five hundred thousand shares
(56,500,000) to First Summit Financial Group Corp. and its principals for
consulting services effecting the acquisition Inese Ltd.

On July 12, 2004, Mr. Sam Hyams was appointed as sole Director on the Board of
Directors, solely and unconditionally authorized to act on behalf of Strat
Petroleum, Ltd. then the two directors duly elected Mr. Hyams as President,
Chief Executive Officer, Chairman and Secretary of the Company.

Item 6.  Resignations of Registrant's Directors.

On July 12, 2004, Ms. Jennifer Merhib resigned as the President and sole
Director of F2 Broadcast Network Inc. In her letter of resignation, Ms. Jennifer
Merhib did not indicate a disagreement with the Registrant on any matter
relating to the Registrant's operations, policies or practices, or give a reason
for her resignation, or request that any reason be disclosed.

Item 7. Financial Statements And Exhibits.

         (a) Financial Statements - None.

         (b) Exhibits

            7.1   Letter of Resignation from Ms. Jennifer Merhib

            7.2   Letter of appointment Of Mr. Sam Hyams as Director

            7.3   Letter of appointment Of Mr. Sam Hyams as President, Chief
                  Executive Officer & Chairman and Secretary

            7.4   Resolution by the Board of Directors to Issue three hundred
                  and seventy- nine million (379,000,000) Common Shares.


<PAGE>

            7.5   Resolution by the Board of Directors to Issue six hundred and
                  ninety- seven million (697,000,000) Common Shares.

            7.6   Resolution by the Board of Directors to Issue fifty six
                  million five hundred thousand shares (56,700,000) Common
                  Shares.

            7.7   F2 Broadcast Network, Inc. reverse stock split of 25 old
                  shares for one new share.

            7.8   Resolution by the Board of Directors to change the year end of
                  the Corporation from December 31, to June 30, effective the
                  year ended June 30, 2004.

            7.9   Resolution by the Board of Directors to change the Authorized
                  Capital of the Corporation to 1,500,000,000 shares comprised
                  of 1,450,000,000 shares of Common Stock without par value, and
                  50,000,000 Preferred Stock without par value.

            7.10  Agreement Transferring Control of F2 Broadcast Network, Inc.
                  to the shareholders of Inese Ltd.

                                    SIGNATURE

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.


Date:       November 21, 2005               Strat Petroleum, Ltd.

                                            By: /s/ H. Sam Hyams
                                                ----------------------------
                                                Mr. H. Sam Hyams
                                                Chief Executive Officer
                                                President, Chairman of the Board
{"company-data": {"conformed-name": "F2 BROADCAST NETWORK INC", "cik": "0000803170", "assigned-sic": "7900", "irs-number": "840974303", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-15435", "film-number": "051224382"}, "business-address": {"street1": "5495 MARION ST", "city": "DENVER", "state": "CO", "zip": "80216", "phone": "3033821500"}, "mail-address": {"street1": "7887 E BELLVIEW 11TH FLOOR SUITE 14", "city": "DENVER", "state": "CO", "zip": "80111"}, "former-company": [{"former-conformed-name": "FIRST ENTERTAINMENT HOLDING CORP", "date-changed": "19980415"}, {"former-conformed-name": "FIRST ENTERTAINMENT INC", "date-changed": "19930622"}, {"former-conformed-name": "VIDEO COMMUNICATIONS & RADIO INC", "date-changed": "19920703"}]}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported): June 8, 2004
                                                           ------------

                              Strat Petroleum, Ltd.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

           Wyoming                    0-15435                 13-1026995
           -------                    -------                 ----------
 (State or other jurisdiction     (Commission File           (IRS Employer
      of incorporation)                Number)             Identification No.)

          545 North Rivermede Road, Suite 200, Concord, Ontario L4K 4H1
               ---------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                  (905)761-9169
              ----------------------------------------------------
              (Registrant's telephone number, including area code)

                            F2 Broadcast Network Inc.
          -------------------------------------------------------------
          (Former Name or Former Address, if changed Since Last Report)
Item 1. Changes in Control of Registrant.

       On June 2, 2004, F2 Broadcast Network, Inc. entered into a letter of
intent acquire Inese Ltd. an Ontario corporation in exchange for shares equating
to 60-2/3% of its outstanding capital stock, with F2 Broadcast continuing to
exist, but changing its name to Strat Petroleum, Ltd.

         On July 12, 2004, by Acquisition Agreement and Plan of Merger, among
Strat Petroleum, Ltd. and five individual shareholders of an aggregate of
200,000,000 Inese shares, constituting all its issued and outstanding shares,
Strat Petroleum, Ltd. acquired all such Inese Ltd. shares in exchange for
696,000,000 Strat Petroleum, Ltd. shares. In addition $500,000 in Strat
Petroleum, Ltd. Notes Payable were converted into 379,000,000 Strat Petroleum,
Ltd. shares.

Item 2. Acquisition or Disposition of Assets.

        Not applicable.

Item 3. Bankruptcy or Receivership.

        Not applicable.

Item 4. Changes in Registrant's Certifying Accountant.

        Not applicable.

Item 5. Other Events.

On June 9, 2004, Ms. Jennifer Merhib, as sole Director on the Board of F2
Broadcast Inc. adopted a resolution to amend the articles of incorporation to
provide capital structure of (1,500,000,000) one billion five hundred million
(1,500,000,000) shares, with 1,450,000,000 common shares without par value and
50,000,000 serial preferred shares without par value.

On June 23, 2004, F2 Broadcast Network, Inc. applied for a Certificate of
Amendment to its Articles of Incorporation to change its name to Strat
Petroleum, Ltd., which was duly approved.
The Board of Directors of Strat Petroleum, Ltd. agreed to change the year end of
the Corporation from December 31, to June 30, effective the most current year
end being June 30, 2004, to reflect the change in control of the Company and new
direction management plans to take it.

On July 8, 2004, Ms. Jennifer Merhib, as sole Director on the Board of Strat
Petroleum, Ltd. declared and authorized the issue of three hundred and
seventy-nine million (379,000,000) Common Shares, to five individuals upon
conversion of the Notes Payable.

On July 8, 2004, Ms. Jennifer Merhib, as sole Director on the Board of Strat
Petroleum, Ltd. declared and authorized the issue of six hundred and
ninety-seven million (697,000,000) Common Shares, to be issued to the
shareholders of Inese Ltd. for all the outstanding shares held. Ms. Merhib, also
authorized the issue of fifty six million five hundred thousand shares
(56,500,000) to First Summit Financial Group Corp. and its principals for
consulting services effecting the acquisition Inese Ltd.

On July 12, 2004, Mr. Sam Hyams was appointed as sole Director on the Board of
Directors, solely and unconditionally authorized to act on behalf of Strat
Petroleum, Ltd. then the two directors duly elected Mr. Hyams as President,
Chief Executive Officer, Chairman and Secretary of the Company.

Item 6.  Resignations of Registrant's Directors.

On July 12, 2004, Ms. Jennifer Merhib resigned as the President and sole
Director of F2 Broadcast Network Inc. In her letter of resignation, Ms. Jennifer
Merhib did not indicate a disagreement with the Registrant on any matter
relating to the Registrant's operations, policies or practices, or give a reason
for her resignation, or request that any reason be disclosed.

Item 7. Financial Statements And Exhibits.

         (a) Financial Statements - None.

         (b) Exhibits

            7.1   Letter of Resignation from Ms. Jennifer Merhib

            7.2   Letter of appointment Of Mr. Sam Hyams as Director

            7.3   Letter of appointment Of Mr. Sam Hyams as President, Chief
                  Executive Officer & Chairman and Secretary

            7.4   Resolution by the Board of Directors to Issue three hundred
                  and seventy- nine million (379,000,000) Common Shares.
7.5   Resolution by the Board of Directors to Issue six hundred and
                  ninety- seven million (697,000,000) Common Shares.

            7.6   Resolution by the Board of Directors to Issue fifty six
                  million five hundred thousand shares (56,700,000) Common
                  Shares.

            7.7   F2 Broadcast Network, Inc. reverse stock split of 25 old
                  shares for one new share.

            7.8   Resolution by the Board of Directors to change the year end of
                  the Corporation from December 31, to June 30, effective the
                  year ended June 30, 2004.

            7.9   Resolution by the Board of Directors to change the Authorized
                  Capital of the Corporation to 1,500,000,000 shares comprised
                  of 1,450,000,000 shares of Common Stock without par value, and
                  50,000,000 Preferred Stock without par value.

            7.10  Agreement Transferring Control of F2 Broadcast Network, Inc.
                  to the shareholders of Inese Ltd.

                                    SIGNATURE

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.

Date:       November 21, 2005               Strat Petroleum, Ltd.

                                            By: /s/ H. Sam Hyams
                                                ----------------------------
                                                Mr. H. Sam Hyams
                                                Chief Executive Officer
                                                President, Chairman of the Board