OXX 5.26% 3.6¢ octanex limited

http://assets.wwf.org.nz/downloads/palta_1_1.pdfThe Palta-1...

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    http://assets.wwf.org.nz/downloads/palta_1_1.pdf

    The Palta-1 prospect lies deeper in the stratigraphy than the oil fields closer to North West
    Cape (i.e. in permits WA-25-L, WA-28-L, WA-32-L, WA-35-L, WA-36-R, WA-42-L and WA-43-
    L). The stratigraphic depth of the prospect indicates that heavy oils are not possible and that
    Palta is expected to be a gas prospect, potentially rich in condensate

    that last line is a nice one.
 
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