OXX 5.26% 3.6¢ octanex limited

oxx overpriced to the max, page-16

  1. J8
    10,810 Posts.
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    The studies undertaken by OMV indicate that the Matuku prospect is robust. It has a perceived low risk associated with the existence of the structure, presence of suitable reservoir rock and adequacy of seal. OMV’s basin modelling studies suggest the presence of a substantial source kitchen within the Kahurangi Trough (to the immediate west of the prospect) that is mature for the generation of oil.
 
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