Octagon 88 Resources Releases Bluesky Gething Drilling Video
Business Wire - Tue Aug 05, 8:30AM CDT
Octagon 88 Resources Inc., (OCTX) is pleased to present the Bluesky Gething drilling video.
Octagon 88 Resources Announces Bluesky Gething Horizontal Leg Completed
Business Wire - Thu Jul 31, 8:45AM CDT
Octagon 88 Resources Inc., (OCTX) is pleased to 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.
Octagon 88 Resources Announces Spudding Of First Horizontal Production Well
Business Wire - Thu Jul 17, 8:15AM CDT
Octagon 88 Resources Inc., (OTCBB:OCTX) is pleased to announce that the first horizontal production well 13-24-091-22W5 on the Bluesky Gething formation has been spudded successfully.
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Octagon 88 Resources Announces Confirmation Of First Horizontal Production Well Drill License
Business Wire - Tue Jun 24, 8:03AM CDT
Octagon 88 Resources Inc., (OTCBB:OCTX) or "the Company" is pleased to announce that the Manning project's operator has confirmed it has received the license to drill the first horizontal production well (W 7-10-91-22W5), one of a series of horizontal wells on the Bluesky Gething formation as previously advised.
Octagon 88 Resources Announces Recovery Rates Using EOR Have Been Confirmed By The Operator to Be Substantially Higher Than Originally Forecasted On The Elkton
Business Wire - Mon Mar 31, 8:44AM CDT
Octagon 88 Resources (OCTX) is pleased to announce that the operator has confirmed it has received final production test results from Perm Labs confirming multiple methods of recovery including primary cold flow production and Enhanced Oil Recovery (EOR) on the drilled production well.
Octagon 88 Resources Receives Production Well License Confirmation For The Red Earth Light Oil Project
Business Wire - Thu Mar 27, 8:15AM CDT
Octagon 88 Resources Inc., (OCTX) is pleased to announce that its operator has been granted the official production well license required for the spudding and drilling of the first production well on the Red Earth formation.
Octagon 88 Resources Announces Drill License Application For Red Earth Light Oil Project
Business Wire - Tue Mar 25, 9:01AM CDT
Octagon 88 Resources (OCTX) or "the Company" is pleased to announce that the lease construction of the Red Earth light oil project is underway and will be completed near term. The Operator will advise post receipt of the license on the spud date of the Red Earth production well.
Octagon 88 Resources Confirms Total Depth Has Been Reached On The First Bluesky Gething Production Well
Business Wire - Mon Mar 24, 9:20AM CDT
Octagon 88 Resources Inc. (OCTX) is pleased to announce the well 07-10-091-22W5 on the Bluesky Gething formation has been successfully drilled to a total depth of 507m .
Octagon 88 Resources Announces Bluesky Gething Well Successfully Spudded
Business Wire - Fri Mar 14, 10:11AM CDT
Octagon 88 Resources Inc. (OTCBB:OCTX) is pleased to announce the well 07-10-091-22W5 on the Bluesky Gething formation has been successfully spudded and is currently drilling. The well is located in the Peace River Block of NW Alberta.
Octagon 88 Resources Announces Confirmation Of Bluesky Gething Drill License
Business Wire - Fri Mar 07, 8:17AM CST
Octagon 88 Resources Inc., (OCTX) is pleased to announce that the Manning Projects Operator (CEC North Star) has confirmed it has received the drilling license required for the spudding of the first production test well on the Bluesky Gething formation.
Octagon 88 Resources Provides Shareholders With Confirmation Of the Bluesky Gething Drilling Program
Business Wire - Tue Feb 25, 8:10AM CST
Octagon 88 Resources Inc. (OCTX) or "the Company" is pleased to announce that the high resolution 3D seismic program has been successfully completed and processed on the Bluesky Gething formation.
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Business Wire - Tue Feb 04, 2:00AM CST
EPIC Imaging has enhanced its ultrasound capabilities by upgrading its fleet with nine Aplio(TM) 500 ultrasound systems from Toshiba America Medical Systems, Inc. The facility recently completed a significant overhaul of its ultrasound systems after conducting a side-by-side comparison of several of the premier systems on the market. EPIC Imaging ultimately purchased Toshiba's Aplio 500 because of its user-friendly features and ability to reliably perform high-quality examinations.
Octagon 88 Resources Announces Private Placement Subscription And Launch Of Its Conventional Oil Project
Business Wire - Fri Jan 31, 9:02AM CST
Octagon 88 Resources Inc. (OCTX) or "the Company" is pleased to announce that a private placement subscription agreement has been accepted and closed by an established Swiss based fund as the subscriber in the amount of $750'000 USD. The subscriber has agreed to purchase 136'364 units of the Company's common stock at a price of $5.50 per unit, each unit consisting of one share of common stock and one share purchase warrant, entitling the holder to purchase one additional share of common stock at an exercise price of $6.50 per share for a period of two years from the date of acceptance of the Subscription.
Octagon 88 Resources Announces Bluesky/Gething Project Management Update - 400 Million Barrels PIIP (Third Party Validation)
Business Wire - Wed Sep 18, 6:30AM CDT
Octagon 88 Resources Inc., (OCTX) is pleased to announce to its shareholders that the operator CEC North Star has advised that parallel to the Elkton Erosional Edge drilling program that the Operator will be concluding a 3D seismic program on the Bluesky/Gething. This will enable the selection of two core well drillings targets to be drilled prior to the end of this quarter in 2013.
Octagon 88 Resources Receives Final Approval - Elkton Well Pad Construction Begins
Business Wire - Mon Sep 16, 6:30AM CDT
Octagon 88 Resources Inc., (OCTX) is pleased to announce that the Manning Projects Operator (CEC North Star) has confirmed it has received (13.09.13) the final governmental approval required to file for the drilling license of the first production well on the Elkton Erosional Edge. This is two weeks earlier than previously announced, the drilling company and other required oil service providers are scheduling and will provide the anticipated spud date in the next few days. The construction of the Elkton Erosional well pad is currently underway.
Octagon 88 Resources Provides Shareholders With Manning Area Development Plan And Feasibility Studies For The Elkton Erosional Edge Project
Business Wire - Thu Sep 12, 6:30AM CDT
Octagon 88 Resources Inc., (OCTX) pleased to provide shareholders with the expanded version of the Manning Area Development Plan. The purpose of the expanded development plan is to define the sum of Octagon 88's acquired projects with a review specifically targeting the Elkton Erosional Edge Project including geology, exploitation plans, economics, specific goals, timelines and expected deliverables. The report outlines how the Company and partners have developed a highly trusted confidence geological model for the area; specifically for the lands with qualified third party economic models being derived from recent drilled wells, cores and seismic data.
Octagon 88 Resources Has Received Confirmation Of 1.6 Billion Barrels PIIP
Business Wire - Tue Sep 10, 6:48AM CDT
Octagon 88 Resources Inc., (OCTX) is pleased to announce it has received a copy of the CEC North Star Ltd. Annual Report. The report forecasts 1.6 billion barrels PIIP (Petroleum Initially In Place) in the Manning Oil play which has been validated by an industry qualified third party oil and gas engineering firm. In the annual report CEC North Star has provided an in-depth insight to project timelines, deliverables and forecasted cash flows.
Octagon 88 Resources Provides Shareholders With Confirmation of License Application Submission For Drilling Of First Production Well On The Elkton Erosional Edge
Business Wire - Thu Sep 05, 6:02AM CDT
Octagon 88 Resources Inc., (OTCBB:OCTX) is pleased to provide investors with confirmation of the first production well license submission. Extensive due diligence has been made to ensure its shareholders that the application approval process should be received and approved by the end of September.
200+ Million Recoverable Barrels Of Oil Confirmed On First Project Elkton Erosional Edge - "Octagon 88's Total Ownership Is Over 400 Million Recoverable Barrels Of Oil" - SISM
Business Wire - Mon Sep 02, 11:01PM CDT
Ernest C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to Reuter's StarMine, summarizes and concludes using recent 3rd party engineering reports to further detail Octagon 88 Resources' (OCTX) ownership of 400+ million recoverable barrels.