Interested by this comment which potentially augurs well for the Shell blocks.
"Octanex has agreed to allow Shell more time to make a drilling decision in respect both permits, but a decision is expected from Shell before 21 October 2010 regarding its drilling intention in WA-384-P. To that end, Octanex is encouraged by Shell�s decision to conduct a substantial 3D site survey within WA-384-P".
We shall see. I am certainly happy to wait another couple of months for a decision. Obviously Shell are still working on it, and are serious with 3D survey. Should Shell decide to drill it would be a great result for OXX
OXX Price at posting:
27.0¢ Sentiment: None Disclosure: Held
