OXX
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5.26% 3.6¢ octanex limited

thoughts on recent announcements , page-14

  1. dangar
    2,164 Posts.
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    21/11/13
    15:21
    Post #: 12601389
    I'm not optimistic for a spud tomorrow.

    According to Marine Traffic the rig is still on the Manaia site, about 40S 173 15'E. Matuku site is about 39 40'S 173 05'E

    I make it about a 40km tow to the Matuku-1 site, which shouldn't take more than a few hours, but I would imagine it takes a fair bit of time to get it anchored and tooled up to start drilling.
    OXX Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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