---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-25-000083"
form_type: "8-K/A"
ticker: "CJAX"
cik: "0001763925"
company_name: "CoJax Oil & Gas Corp"
filed_at: "2025-01-14T23:59:59+00:00"
generated_at: "2026-05-28T02:10:04.437006+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CoJax Oil and Gas completes Mississippi oil and gas asset acquisition, issues 2.21M shares valued at $4.42M

## Summary
- Acquired Mississippi oil & gas properties from Liberty Operating for 2,211,982 shares valued at $2.00/share ($4.42M total); effective July 1, 2024.
- Audited 2023 revenue of $299,934 and direct operating expenses of $107,960, yielding $191,974 excess of revenues over direct expenses.
- Unaudited H1 2024 (through June 30) revenue of $97,180, direct op expenses $56,592, excess $40,588.
- Proved oil reserves of 1,169 MBbls and gas reserves of 2,489 MMcf at Dec 31, 2023; standardized measure of discounted future net cash flows $22.98M.

## SEC filing metadata
- accession: 0001753926-25-000083
- form_type: 8-K/A
- ticker: CJAX
- cik: 0001763925
- company_name: CoJax Oil & Gas Corp
- filed_at: 2025-01-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1763925/000175392625000083/0001753926-25-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1763925/000175392625000083/g084435_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-25-000083
- JSON: https://secwatch.observer/filing/0001753926-25-000083.json
- Plain text: https://secwatch.observer/filing/0001753926-25-000083.txt

## Key facts
- M&A Transactions
  CoJax Oil & Gas Corp completed an acquisition involving Liberty Operating, LLC for 2,211,982 shares of the Common Stock (closed 2024-08-29).
  - Action: acquisition
  - Counterparty: Liberty Operating, LLC
  - Consideration: 2,211,982 shares of the Common Stock
  - Closing: 2024-08-29
  source text: Assignment and Bill of Sale, entered into and executed by Barrister and Liberty on August 29, 2024 (the “Assignment”). The total consideration of the Acquired Assets consisted of 2,211,982 shares of the Common Stock issued to Liberty (as described in Item 3.02 of the Original Report), at the adjusted valuation of $2.00 per share (the “Shares”). The Acquisition has
  evidence_url: https://www.sec.gov/Archives/edgar/data/1763925/000175392625000083/0001753926-25-000083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.