OXX
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5.26% 3.6¢ octanex limited

Its still leaves them with options to farm out to cover the...

  1. rivermore
    2,603 Posts.
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    01/04/17
    11:54
    Post #: 23787915
    Its still leaves them with options to farm out to cover the drill cost but it also means that we will own a much smaller percentage of the field. It would be much better (inc for NOPTA) to declare a location and let OXX try and get a JV for development. Given the Bayu Undan backfill issues, they may well go for it.
    OXX Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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