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August 01, 2015 8:21 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Octagon 88 Resources, Inc.

Company Overview

Octagon 88 Resources, Inc., a natural resource company, engages in acquiring, exploring, and developing natural resource assets. It holds an indirect interest in a contiguous land base of 73 sections comprising 46,720 acres of oil sands leases, as well as a direct working interest in petroleum and natural gas leases known as the Trout Lake properties in the Province of Alberta. The company was founded in 2008 and is based in Steinhausen, Switzerland.

Hochwachtstrasse 4

Steinhausen,  6312

Switzerland

Founded in 2008

Phone:

41 79 237 62 18

Key Executives for Octagon 88 Resources, Inc.

Chairman of the Board, Chief Executive Officer and President
Age: 46
Human Resources Director, Corporate Secretary and Director
Age: 22
Compensation as of Fiscal Year 2014.

Octagon 88 Resources, Inc. Key Developments

Octagon 88 Resources, Inc. announced delayed 10-Q filing

On 05/15/2015, Octagon 88 Resources, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Octagon 88 Resources, Inc. announced delayed 10-Q filing

On 02/17/2015, Octagon 88 Resources, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Octagon 88 Resources, Inc. Receives Approval Confirmation for the Elkton Well Drill License

Octagon 88 Resources Inc. announced that it has received confirmation from the operator that the drill license for the third Elkton well (11-4-92-23W5M) has been approved. The Operator plans to spud the Elkton well before December 31, 2014. The Operator plans to proceed with drilling a vertical well to obtain additional core information that will define an EOR method to be implemented on the horizontal well to follow. 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.

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