ENERJEX RESOURCES, INC. (OTCMKTS:ENRJP) Files An 8-K Other Events
ITEM 8.01 OTHER ITEMS

On April 7, 2017, EnerJex Resources, Inc., a Nevada corporation (the “Company”), announced that its board of directors is pursuing possible strategic transactions involving opportunities both in and outside the oil and gas industry that will offer the opportunity for future growth and net cash flow.    Those opportunities may involve a business combination with another business enterprise, the acquisition of one or more groups of assets, an equity or debt financing transaction to provide capital with which to fund operations and expansion, and other similar transactions.  To illustrate the types of transactions that the Company is investigating, the company has been investigating the acquisition by purchase or contribution of certain operating oil and gas assets.  In addition, the Company recently was involved in discussions about a possible acquisition by merger of a privately held company that operates an agricultural drone business and in which an affiliate of the holder of the Company’s Series B Preferred Stock has an interest.   While the discussions about a business combination with that privately held agricultural drone enterprise have been suspended, those discussions may resume in the future.  In addition, the company expects to continue to pursue other acquisition and business combination opportunities.   No assurance can be given that any one or more of these potential business combinations or asset acquisition opportunities will be consummated.

About ENERJEX RESOURCES, INC. (OTCMKTS:ENRJP)

EnerJex Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, development, exploitation and production of crude oil and natural gas properties in the United States. The crude oil and natural gas is obtained by the acquisition and subsequent exploration and development of mineral leases. Development and exploration include drilling exploratory or development wells on these leases. These operations are conducted primarily in Kansas, Colorado, Nebraska and Texas. The Company’s Colorado properties include Adena, Hereford, Seven Cross, Niobrara-Colorado and Niobrara-Nebraska. The Company’s Kansas properties include Mississippian Project and Cherokee Project. Its Texas properties include El Toro Project. The Company’s total net proved oil and gas reserves are approximately 2.6 million barrels of oil equivalents (BOE).

ENERJEX RESOURCES, INC. (OTCMKTS:ENRJP) Recent Trading Information

ENERJEX RESOURCES, INC. (OTCMKTS:ENRJP) closed its last trading session down -0.100 at 0.750 with 1,700 shares trading hands.