PetroGas Co. Enters Material Definitive Agreement
Ticker: PTCO · Form: 8-K · Filed: Apr 23, 2024 · CIK: 1609258
| Field | Detail |
|---|---|
| Company | Petrogas Co (PTCO) |
| Form Type | 8-K |
| Filed Date | Apr 23, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, corporate-actions, oil-gas
TL;DR
PetroGas Co. signed a big deal, filing 8-K today.
AI Summary
PetroGas Co. announced on April 23, 2024, that it has entered into a material definitive agreement. The company, formerly known as America Resources Exploration Inc. and Alazzio Entertainment Corp, is incorporated in Nevada and headquartered in Houston, Texas.
Why It Matters
This filing indicates a significant new contract or deal for PetroGas Co., which could impact its future revenue and operations.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can introduce new risks and opportunities that are not yet fully understood.
Key Numbers
- 333-196409 — Commission File Number (Identifier for the company's SEC filings)
- 98-1153516 — IRS Employer Identification No. (Tax identification number for the company)
Key Players & Entities
- PetroGas Co. (company) — Registrant
- America Resources Exploration Inc. (company) — Former company name
- Alazzio Entertainment Corp (company) — Former company name
- Nevada (jurisdiction) — State of incorporation
- Houston, TX (location) — Principal executive offices
- April 23, 2024 (date) — Date of report and earliest event
FAQ
What is the nature of the material definitive agreement PetroGas Co. entered into?
The filing states PetroGas Co. entered into a 'Material Definitive Agreement' but does not specify the details of the agreement itself.
When was the report filed and what is the earliest event date?
The report was filed on April 23, 2024, and the earliest event reported is also April 23, 2024.
What were PetroGas Co.'s previous names?
PetroGas Co. was formerly known as America Resources Exploration Inc. and Alazzio Entertainment Corp.
Where is PetroGas Co. incorporated and headquartered?
PetroGas Co. is incorporated in Nevada and its principal executive offices are located in Houston, Texas.
What is PetroGas Co.'s SIC code?
PetroGas Co.'s Standard Industrial Classification (SIC) code is 1311, which corresponds to Crude Petroleum & Natural Gas.
Filing Stats: 468 words · 2 min read · ~2 pages · Grade level 12.8 · Accepted 2024-04-23 16:03:59
Filing Documents
- ptco_8k.htm (8-K) — 23KB
- 0001640334-24-000696.txt ( ) — 137KB
- ptco-20240423.xsd (EX-101.SCH) — 6KB
- ptco-20240423_lab.xml (EX-101.LAB) — 13KB
- ptco-20240423_cal.xml (EX-101.CAL) — 1KB
- ptco-20240423_pre.xml (EX-101.PRE) — 8KB
- ptco-20240423_def.xml (EX-101.DEF) — 2KB
- ptco_8k_htm.xml (XML) — 4KB
01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On April 22, 2024, PetroGas Company, a Nevada corporation (the "Company"), acquired exploring, drilling, mining and operating rights in 12.1 acres of land located in the Robert R Ramey Survey - Abstract 1341, Tarrant County Texas being a portion of tract 1 as recorded in Volume 13788, Page 568 of the Deed of Records of Tarrant County, Texas. With the acquisition of these rights, the Company is authorized to make surveys on said land and to conduct seismic surveys, and has exclusive rights to produce and own oil, gas, sulphur and other liquid or gaseous hydrocarbons produced in association with oil or gas from the property.
01 OTHER EVENTS
ITEM 8.01 OTHER EVENTS The Company's phone number has changed to (832) 253-1152. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PETROGAS COMPANY DATE: April 23, 2024 By: /s/ Huang Yu Name: Huang Yu Title: President, CEO 3