Return number from Oracle Select statement after parsing date

If you can create a function then you can do something like:

SQL Fiddle

Oracle 11g R2 Schema Setup:

CREATE OR REPLACE FUNCTION is_Valid_Date (
  p_date   IN VARCHAR2,
  p_format IN VARCHAR2 DEFAULT 'DD-MON-YY'
) RETURN NUMBER
IS
  d DATE;
BEGIN
  d := TO_DATE( p_date, p_format );
  RETURN 1;
EXCEPTION
  WHEN OTHERS THEN
    RETURN 0;
END;
/

Query 1:

SELECT is_Valid_Date( '12-Feb-13' ),
       is_Valid_Date( 'XX-Feb-13' )
FROM DUAL

Results:

| IS_VALID_DATE('12-FEB-13') | IS_VALID_DATE('XX-FEB-13') |
|----------------------------|----------------------------|
|                          1 |                          0 |