Hi whatsnext, the code your after is OXXCB but you'll need...

Hi whatsnext, the code your after is OXXCB but you'll need patience to get a decent amount as you will with the FPO's. The 10c call is due March 2014 so a touch under 18mths. I've been adding more when i can as i've been holding these a couple of years and already paid up the first two calls to total 15c.

Take a look through the company reports, you'll like what you see, incredibly undervalued IMO. You would be hard pressed to find a better small cap oiler on the ASX.

Low market cap, cash, solid JV's already in place, 3 high impact free carried wells to be drilled in the next 12months, a plethora of permits spread across Carnarvon/Browse, Southern Bonaparte, and Taranaki Basins that give potential for more big boy farm ins. To date the CEO, Geoff Albers, has proven his worth negotiating incredible deals for shareholders, of which he is the largest. Geoff knows how to get the job done, no fluff, no bells and whistles, just delivers the goods.