Octagon 88 Resources Inc. announced that its operator has been granted the official production well license required for the spudding and drilling of the first production well on the Red Earth formation. The drilling company and other required oil service providers are currently being contracted by the operator. Once finalised, the operator will advise on the scheduling of the Red Earth well spud date.
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2014 | Octagon 88 Resources, Inc. Receives Approval Confirmation for the Elkton Well Drill License | CI |
2014 | Octagon 88 Resources, Inc. Announces Executive Changes | CI |
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- Octagon 88 Resources Inc. Receives Production Well License Confirmation for the Red Earth Light Oil Project