secwatch.observer — SEC 8-K summary
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Issuer:     CoJax Oil & Gas Corp (CJAX)
CIK:        0001763925
Form:       8-K/A
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001753926-24-001451
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoJax Oil & Gas amends 8-K to provide acquired properties financials; 1.32M shares at $2 each for Mississippi assets
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- Acquired MS oil/gas properties from Liberty Operating for 1,320,755 shares valued at $2.00 per share ($2.6M).
- 2023 revenue $165K, direct op expenses $102K, excess over expenses $63K; Q1 2024 revenue $30K, excess $13K.
- Proved reserves 89 MBbls at Dec 31, 2023; standardized measure of discounted future net cash flows $523K.
- Acquisition effective May 1, 2024; shares issued under Section 4(a)(2) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1763925/000175392624001451/0001753926-24-001451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1763925/000175392624001451/g084389_8k.htm
  HTML page:      https://secwatch.observer/filing/0001753926-24-001451

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer