Delta Oil & Gas, Inc. (OTCMKTS:DLTA) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into Material Definitive Agreement
Delta Oil & Gas, Inc. (the “Company”) has a policy of periodically reviewing the proposed scope and fees of a number of alternative auditing firms qualified to perform the Company’s independent audit work and considering the appropriateness of either retaining the incumbent auditor or engaging another firm. After a comprehensive review of proposals for audit services from several public accountants, the Company determined to engage Excelsis Accounting Group (“EAG”) as the Company’s principal independent auditor, effective July 27, 2017. The Company did not consult with EAG on any matters prior to retaining such firm as its principal accountants, and EAG has no commercial relationship with the Company that would impair its independence.
Item 7.01 Regulation FD Disclosure
On August 13, 2018, the Company plans to issue a press release discussing its engagement of its auditor. A copy of this press release is provided herein as Exhibit 99.2.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit No. | Description |
99.1 99.2 |
Acceptance Letter with Excelsis Accounting Group, dated July 27, 2017. Press release planned to be issued by the Company on August 13, 2018 |
DELTA OIL & GAS INC ExhibitEX-99.1 2 ex99-1.htm ACCEPTANCE LETTER WITH EXCELSIS ACCOUNTING GROUP DATED JULY 27,…To view the full exhibit click here
About Delta Oil & Gas, Inc. (OTCMKTS:DLTA)
Delta Oil & Gas, Inc. is an independent natural gas and oil company engaged in the exploration, development, and acquisition of natural gas and oil properties in the United States and Canada. The Company seeks to acquire and develop properties with undeveloped reserves that are economically attractive to it. The Company’s focus is on the exploration of its core land portfolio comprised of working interests in acreage in Eastern Texas. Its properties include Texas Prospect, Premont Northwest Field and King City. The Texas Prospect covers an aggregate area of approximately 243 acres in Newton County, Texas. The Premont Northwest Field is located in Jim Wells County, Texas. The King City prospect consists of approximately 10,000 acres in Monterey County, California.