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5.26%

3.6¢ octanex limited

Ann: Weekly Drilling Progress Report, page-4

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12/06/17

23:06

Post #: 25233975
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Originally posted by tui ↑

Crackity,
I remember Winchester. I liked it because I liked the name and it was going to really make OXX. But alas,
it was failure. Then there was a NZ failure. The NZOG I think. That is the nature of drilling for oil.

Albers has adjusted to this low priced environment well and now with secure cash flow on the way the company is set to reward its shareholders. As Mr Albers will tell you. You just have to adapt and be patient.

It is not flowing yet so a good result will get the market thinking.

There is no premium in disruption at the moment and that Trump has been hoodwinked into selling half of the SPR at today's prices. In any case, this is a time when you need to hold onto ever barrel you have. He has a bad advisor in Tillerson. I do like the man but he has believed the American hype about cash flow negative shale.

They had better put the Qatar fuse out and sort out Yemen otherwise this will turn into the biggest mess you have ever seen.

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What was that thing with Shell, Pato or something like that.. That was the real disappointment. Big gas target!
It's a tough game.

OXX Price at posting: 9.0¢ Sentiment: None Disclosure: Held
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