OXX 5.26% 3.6¢ octanex limited

Production drilling commences 2Q and first oil is 2H 17 so...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 196 Posts.
    lightbulb Created with Sketch. 3
    Production drilling commences 2Q and first oil is 2H 17 so things are now at the pointy end of this project. Petronas have said no more RSCs. That's ok as I believe OXX are now after bigger, more rewarding projects where they have direct equity in the oil or gas. Remember the OXX business plan - exploration AND production. All the planets are beginning to align IMHO and growth as a producer is occurring step by step, slowly slowly. The introduction of an oil major into one of OXX's large NW permits with their known gas fields would be a huge step.
 
watchlist Created with Sketch. Add OXX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.