CoJax Oil & Gas CorpOOTC CJAX Stock Report

CoJax Oil & Gas Corp. engages in the acquisition, exploration, and development of oil properties. The company is headquartered in Arlington, Virginia. The company went IPO on 2021-10-21. The firm seeks to become an independent energy company that is focused on the acquisition and exploitation and development of crude oil in the Gulf States Drill Region. The company focuses on acquiring assignments of hydrocarbon revenues and underlying oil and gas exploration and production rights. The company operates through Barrister Energy, L.L.C. (Barrister). The company is focused on establishing oil exploration and production operations by acquiring the right, by lease or assignment, to drill, extract, and sell oil. The firm leases a land package of approximately 700 acres in Southwest Alabama, in one contiguous land package. The firm also has two producing wells, one saltwater disposal well, a three-mile gas transmission line, along with gathering systems, and storage tanks for approximately 1,500 barrels.