AMAZING ENERGY OIL AND GAS, CO. (OTCMKTS:AMAZ) Files An 8-K Unregistered Sales of Equity SecuritiesITEM 3.02
UNREGISTERED SALE OF EQUITY SECURITIES.
AMAZING ENERGY OIL AND GAS, CO. (OTCMKTS:AMAZ) Files An 8-K Unregistered Sales of Equity Securities
On March 31, 2017, we completed our private placement under Reg. 506(b) of the Securities Act of 1933, as amended. We filed our Form D with the SEC on May 19, 2016. to the private placement we sold 6,868,484 restricted shares of our common stock at an offering price of $0.26 per share to 38 accredited investors and raised $1,785,805.84.
About AMAZING ENERGY OIL AND GAS, CO. (OTCMKTS:AMAZ)
Amazing Energy Oil and Gas, Co. is an independent energy company. The Company is engaged in the business of exploration, development and production of oil and gas in the Permian Basin of West Texas. The Company is also engaged in the production and sale of oil and natural gas. The Company is developing resource potential from the Queens formation. Its additional drilling targets include the Greyburg, San Andreas and Devonian zones. As of July 31, 2016, the Company had leasehold rights within approximately 70,000 contiguous acres in Pecos County, Texas, which lies within the Permian Basin. The property is located in the Northeast region of the County. The Pecos leasehold lies within the White & Baker Field and portions of the Walker Field. The Pecos leasehold consists of multiple leases. As of July 31, 2016, its estimated net proved reserves were 745,190 barrels of oil equivalent (BOE). As of July 31, 2016, the Company owned 22 oil and gas wells in the Permian Basin. AMAZING ENERGY OIL AND GAS, CO. (OTCMKTS:AMAZ) Recent Trading Information
AMAZING ENERGY OIL AND GAS, CO. (OTCMKTS:AMAZ) closed its last trading session up +0.010 at 0.250 with shares trading hands.
Amazing Energy Oil and Gas, Co. is an independent energy company. The Company is engaged in the business of exploration, development and production of oil and gas in the Permian Basin of West Texas. The Company is also engaged in the production and sale of oil and natural gas. The Company is developing resource potential from the Queens formation. Its additional drilling targets include the Greyburg, San Andreas and Devonian zones. As of July 31, 2016, the Company had leasehold rights within approximately 70,000 contiguous acres in Pecos County, Texas, which lies within the Permian Basin. The property is located in the Northeast region of the County. The Pecos leasehold lies within the White & Baker Field and portions of the Walker Field. The Pecos leasehold consists of multiple leases. As of July 31, 2016, its estimated net proved reserves were 745,190 barrels of oil equivalent (BOE). As of July 31, 2016, the Company owned 22 oil and gas wells in the Permian Basin. AMAZING ENERGY OIL AND GAS, CO. (OTCMKTS:AMAZ) Recent Trading Information
AMAZING ENERGY OIL AND GAS, CO. (OTCMKTS:AMAZ) closed its last trading session up +0.010 at 0.250 with shares trading hands.