Rivermore - Also I liked this bit from the chairmans report -
A number of new venture opportunities were considered during the year with significant due diligence activities undertaken. A substantial effort was made to acquire an existing operating oil field in the offshore Carnarvon Basin which had been offered by industry for tender. Octanex continues to seek development opportunities that are synergetic with its corporate strategy and portfolio.
I like Mr Albers deal making abilities if not his luck for the big strike. This is another wildcard in the mix.....
OXX Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
