OXX 5.26% 3.6¢ octanex limited

birth of an international oil company, page-2

  1. sle
    7,430 Posts.
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    Do like the drill that's about to be undertaken! This is of interest!

    The studies undertaken by OMV indicate that the Matuku prospect is robust. It has a perceived low
    risk associated with the existence of the structure, presence of suitable reservoir rock and adequacy
    of seal. OMV’s basin modelling studies suggest the presence of a substantial source kitchen within
    the Kahurangi Trough (to the immediate west of the prospect) that is mature for the generation of oil.
 
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Currently unlisted public company.

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