Interesting stuff.OXX has 440P which adjoins 454P on the South side.OXX announced on November 28
"The Falcon 2D survey has been acquired over leads in the north-eastern part of the WA-440-P permit where interpretation of vintage 2D seismic data in the area of the survey has defined several structural leads. The Falcon survey is designed to identify whether these leads may form closed traps."
The proposed dividend will give OXX/OXXCB holders some Petrel Energy shares PRL which doesn't appear to have any interests near the Petrel gas field.
OXX Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held