Last $5.08 USD
Change Today -0.031 / -0.61%
Volume 1.7K
OCTX On Other Exchanges
Symbol
Exchange
OTC US
Berlin
As of 8:10 PM 08/20/14 All times are local (Market data is delayed by at least 15 minutes).

octagon 88 resources inc (OCTX) Snapshot

Open
$4.79
Previous Close
$5.11
Day High
$5.10
Day Low
$4.79
52 Week High
09/12/13 - $8.05
52 Week Low
08/14/14 - $4.65
Market Cap
136.7M
Average Volume 10 Days
4.3K
EPS TTM
$-0.03
Shares Outstanding
26.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for OCTAGON 88 RESOURCES INC (OCTX)

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octagon 88 resources inc (OCTX) Details

Octagon 88 Resources, Inc., a natural resource exploration stage company, is engaged in acquiring, exploring, and developing oil and gas assets in the United States and Canada. It holds interests in 73 sections of 46,720 acres of oil sands leases in the Manning area of northwestern Alberta. The company was founded in 2008 and is headquartered in Steinhausen, Switzerland.

octagon 88 resources inc (OCTX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Secretary and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

octagon 88 resources inc (OCTX) Key Developments

Octagon 88 Resources, Inc. Announces Executive Changes

On August 4, 2014, Bryan Cook was dismissed as the Chief Financial Officer of Octagon 88 Resources, Inc. to pursue other personal interests. Effective August 4, 2014, the board of directors of the company appointed Richard Ebner, 47, as the Chief Financial Officer of the company. There is no arrangement or understanding pursuant to which Mr. Ebner was appointed as an officer of the company. Mr. Ebner has no family relationships with any other executive officers or directors of the company, or persons nominated or chosen by the company to become directors or executive officers.

Octagon 88 Resources, Inc. Announces Results for Bluesky Gething Horizontal Leg

Octagon 88 Resources Inc. announce that since the company's last operation update the operator has moved forward with drilling activity to move to primary production on the recently spudded Bluesky Gething well. The first horizontal lateral from the well pad targeting the initial primary production zone in the Bluesky Gething pay zone has now been completed. The horizontal portion was drilled 1050 meters into the pay zone. Octagon 88 Resources has received confirmation of an API higher than expected ranging from 12deg to 14deg. The current program schedule entails working with the operator of these properties CEC North Star to bring on production and cash flow through the company's direct working interests, and indirect investments spread throughout the projects.

Octagon 88 Resources Inc. Announces Spudding of First Horizontal Production Well 13-24-091-22W5 on the Bluesky Gething Formation

Octagon 88 Resources Inc. announced that the first horizontal production well 13-24-091-22W5 on the Bluesky Gething formation has been spudded successfully. The manning projects operator reported the first horizontal production well 13-24-091-22W5 was successfully spudded on July 12, 2014.

 

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OCTX:US $5.08 USD -0.031

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Price/Book 2.2x
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