OXX 5.26% 3.6¢ octanex limited

Ann: Half Year Financial Report to 31 December 2017, page-11

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  1. 417 Posts.
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    Page 5 of the half year report is germane I reckon.,...all is not lost but all is not great either!

    Quote -
    Upfront investment of capital is contributed by OPSB who is compensated from the proceeds of petroleum sales from the field made by PETRONAS, via the reimbursement of costs plus a remuneration fee. The remuneration fee is linked to production volume and capital cost key performance indicators. Reimbursement of capital and operating costs is guaranteed to OPSB by PETRONAS pursuant to the RSC.
 
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