Octagon 88 Resources Inc (OCTX) and CEC North Star Energy Ltd are pleased to announce the coring activities on the planned Elkton Erosional edge well was successfully completed reaching a total depth of 480 meters. The cores taken have been transported to AGAT Laboratories in Calgary, Alberta for analysis.
- CEC North Star Ltd. - Technical Team
Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as "probable," "possible," "recoverable" or "potential" reserves among others, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Investors are urged to consider closely the disclosure in our filings with the SEC.