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5.26% 3.6¢ octanex limited

Ann: Award of Drilling Rig Contract - Ophir Oil Development, page-16

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  1. Crackity
    417 Posts.
    lightbulb Created with Sketch. 47
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    24/11/16
    16:18
    Post #: 20864450
    AGM had the following Ophir costings -

    Project economics improved by reduced CAPEX


    US$ Million

    Original RSC 2014 / $135 million
    Revised Field Development Plan / $90 million
    Target / $75 million

    I'd still like to see some info on returns....I note it was stated as economic at current oil price. Good!
    OXX Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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