OXX 5.26% 3.6¢ octanex limited

Ann: Weekly Drilling Progress Report, page-2

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  1. 2,603 Posts.
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    So, the drilling phase complete, wells flow tested to remove debris, now to hook them up. FPSO still in the shipyard but due before the end of August (according to the original plan). With luck, we should have first oil mid September. I've found a info release on the OXX website which talks about recovery volumes of up to 6.7m barrels. Will post the link later today, makes interesting reading. Looking for interest in OXX to ramp up, hey are seriously undervalued currently IMO. Good luck, DYOR.
 
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