Highest-materiality recent filing
Proved reserves grew 776% year-over-year to 1.4 million barrels of oil equivalent as of end of 2024, per SEC-compliant audit.
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.
CoJax Oil and Gas appoints new CEO/Chairman Downs; former CEO Guzy becomes CFO
Wm. Barrett Wellman resigned as CFO and Secretary; Jeffrey Guzy succeeded as CFO, Secretary, Treasurer.
CoJax Oil & Gas issues 1.5M shares for Mississippi oil & gas properties
Issued 1,500,000 shares of common stock valued at $2.00 per share to Taxodium Energy, LLC members.
CoJax issues 1.6M shares at $2.10 to acquire mineral and royalty interests
Issued 1,600,000 common shares at $2.10/share to Taxodium Energy LLC for mineral and oil/gas royalty interests in Mississippi and Alabama.
CoJax Oil & Gas dismisses auditor Haynie, engages Sadler Gibb as new auditor
Dismissed Haynie & Company as independent auditor effective September 27, 2022; Haynie had served since 2019.
Board determined 2020 annual and Q1-Q3 2021 financials should no longer be relied upon due to acquisition accounting error.
CoJax Oil exchanges $2.7M promissory note for 1.35M shares; holder now 24.8% owner
Issued 1,350,000 shares at $2.00 per share to discharge $2.7M total debt held by Central Operating, LLC.
Effective as of January 10, 2024, Wm. Barrett Wellman resigned from his positions as Chief Financial Officer and Secretary of CoJax Oil and Gas Corporation, a Virginia corporation (the “Company”).
effective immediately upon Mr. Guzy’s resignation from positions as Chief Executive Officer, Chairman of the Board and President, the Board appointed William R. Downs as Chief Executive Officer, President, and Chairman.
On January 10, 2024, Mr. Guzy resigned from Chief Executive Officer, President and Chairman of the Board positions.
the Board increased its size from two directors to three directors pursuant to the Bylaws of the Company and appointed William R. Downs to fill this new directorship, effective immediately.
Effective immediately upon Mr. Wellman’s resignation, the board of directors of the Company (the “Board”) appointed Jeffrey J. Guzy as the Company’s Chief Financial Officer, Secretary and Treasurer.
appointed William Allan Bradley as a member of the Company’s Board of Directors
Max materiality 0.85 · Median 0.55 · Most common event other_material