With volume of 268,000 it was a high volume day for OXX with...

With volume of 268,000 it was a high volume day for OXX with VWAP of 18.95c.Albers said at the AGM

"Having said that, we are considering whether the Company should further de-risk its participation in
the up-coming well programs. We are looking at methods by which the shareholders are sheltered
from the down-draft in share price following unsuccessful wells. While the unsuccessful Gawain and
Galahad wells had limited negative financial impact on the Company, the impact on our share price
was marked. We are giving this aspect some consideration"

so we may hear more on that.In the meantime we will have to wait for drilling action later in the year although the wily Albers may be working on some scheme in addition to another dividend at the end of the year to finance the next call.