Octagon 88 Resources Inc (OCTX) USD0.0001
Octagon 88 Resources, Inc. is a development-stage oil and gas company. The Company has acquired light and conventional heavy oil assets in Northern Alberta. The program schedule of the Company entails working with the operator of properties of CEC North Star Energy Ltd. to bring on production and cash flow through the company’s direct working interests, and indirect investments spread throughout the projects. The Company launched the Conventional Oil Production Division by entering into a purchase agreement to acquire its share in the Red Earth Area, which consists of four contiguous sections of P&NG; leases, a ( 40 API) Keg River formation with P3 reserves of 1.2 Mill barrels light sweet crude oil recoverable. The Company acquired a 33% interest of CEC North Star Energy Ltd. (North Star).
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