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Last $0.0001 USD
Change Today 0.00 / 0.00%
Volume 1.1M
FCGD On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

first colombia gold corp (FCGD) Snapshot

Open
$0.0001
Previous Close
$0.0001
Day High
$0.0001
Day Low
$0.0001
52 Week High
08/29/14 - $0.26
52 Week Low
08/28/15 - $0.0001
Market Cap
269.8K
Average Volume 10 Days
16.0M
EPS TTM
$80.00
Shares Outstanding
2.7B
EX-Date
--
P/E TM
0.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for FIRST COLOMBIA GOLD CORP (FCGD)

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first colombia gold corp (FCGD) Details

First Colombia Gold Corp. engages in the exploration and production of oil and gas properties. The company operates through Energy and Mining divisions. It holds interests in 96 oil wells with a gross acreage of 4,302 acres in the counties of Cumberland, Monroe, Overton, and Clinton. The company is also involved in the precious minerals exploration business. It owns 2 unpatented mining claims in the Skip Silver prospect covering an area of approximately 40 acres in central Montana. The company was formerly known as Amazon Goldsands Ltd. and changed its name to First Colombia Gold Corp. in November 2010. First Colombia Gold Corp. was founded in 1997 and is based in Memphis, Tennessee.

first colombia gold corp (FCGD) Top Compensated Officers

Chairman, Chief Executive Officer and Chief A...
Total Annual Compensation: --
President and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

first colombia gold corp (FCGD) Key Developments

First Colombia Gold Corp. Announces Drilling Update

First Colombia Gold Corp. announced that the company hit oil while drilling a new well and plans to bring the well into full production on one of their oil and gas leases located in Clinton County, Kentucky. Earlier in the month the company performed what is known as a squeeze job on one their new drilling sites located in Clinton County, Kentucky. This process is used to shut off the water supply from a particular zone when the water is interfering with oil production. After allowing 2 weeks for the squeeze job to set up, crews were moved back on location on November 10, 2014 and reentered the well and drilled out the cement plug from the squeeze job. Upon inspection, crews discovered that the plug had successfully shut off 50% of the water. The crew then drilled down and discovered oil at 848 feet. On November 17, 2014 FCGD began the completion of the first drilling site. The company is currently evaluating the percentage of oil versus water being produced from the well and plans to run rods and place a pump jack and motor on the well. A tank battery will also be constructed to hold the accumulated oil production until the transportation of oil to the refinery is scheduled.

First Colombia Gold Corp. announced delayed 10-Q filing

On 11/14/2014, First Colombia Gold Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

First Colombia Gold Corp. Began Drilling Two New Oil Wells on Leases Located in Clinton County, Kentucky

First Colombia Gold Corp. announced that the company began drilling two new oil wells on leases located in Clinton County, Kentucky. On August 5, 2014, the company announced its intention to drill ten new oils wells on its current leases. These new wells mark the third and fourth wells scheduled within the current ten-hole drilling program. On October 17, 2014, drilling crews moved on both locations, utilizing drilling rigs owned by the company. Both holes were spudded on October 19, and on October 20 they were both taken to a depth of 360 feet and set with 7 inch casing. Both wells will have the casing cemented on October 22, and the wells will be drilled down into the anticipated production zones. In addition to announcing the drilling of these two new wells, the company also updated shareholders on the progress of the first two oil wells drilled in this program. The company's first well had shows of oil at three different zones, all of which are now behind pipe. The company plans to perforate and test all three zones. The second well was extremely successful, with the well coming online at approximately ten barrels per day. The company stated plans to do an acid treatment and will continue to monitor its performance.

 

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