Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 0.0
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As of 1:53 PM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

octant energy corp (OEL) Snapshot

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07/21/14 - C$0.06
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11/5/14 - C$0.01
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octant energy corp (OEL) Details

Octant Energy Corp. engages in the exploration for, development, and production of petroleum and natural gas in Western Canada and internationally. It has production wells in the Minard acreage located in south west Saskatchewan. The company is based in Calgary, Canada.

octant energy corp (OEL) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: C$80.0K
Compensation as of Fiscal Year 2013.

octant energy corp (OEL) Key Developments

Octant Energy Corp. Auditor Raises 'Going Concern' Doubt

Octant Energy Corp. filed its Annual on Apr 30, 2014 for the period ending Dec 31, 2013. In this report its auditor, Collins Barrow LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Octant Energy Corp., Annual General Meeting, May 27, 2014

Octant Energy Corp., Annual General Meeting, May 27, 2014., at 10:00 Mountain Standard Time. Location: Davis LLP, 10th Floor. Agenda: To receive and consider the financial statements of the corporation for the financial year ended December 31, 2013 and the report of the auditor thereon; to fix the number of directors of the corporation to be elected at the meeting at four; to elect the board of directors of the corporation for the ensuing year; to appoint the auditor of the corporation for the ensuing year and to authorize the board of directors to fix the auditor's remuneration; to consider the re- approving and ratifying the stock option plan of the corporation; and to transact such other business as may be properly brought before the meeting or any adjournment thereof.

Octant Energy Corp. Approves Amendment to the Articles of the Company

Octant Energy Corp. at the Annual General and Special Meeting held on May 29, 2013, approved amendment of the Articles of the company to add a provision that requires advance notice to the company in circumstances where director nominations are made by shareholders of the company other than pursuant to a proposal or a requisition of shareholders made in accordance with the Business Corporations Act (British Columbia). Among other things, the advance notice provision fixes a deadline by which holders of record of common shares of the company must submit director nominations to the company prior to any annual or special meeting of shareholders and sets the information that a shareholder must include in the notice to the company. The alteration to the company's Articles will be effected immediately.


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