OXX
Click for more information
5.26% 3.6¢ octanex limited

palta news

  1. rivermore
    2,603 Posts.
    lightbulb Created with Sketch. 280
    clock Created with Sketch.
    16/03/13
    10:20
    Post #: 11546895
    Bad news I'm afraid.
    UpstreamOnline are reporting that Shell NV have suspended operations on the Palta well due to problems with the BOP.

    Can't get into the body of the report yet. Does anyone else have access?

    Thankfully, Santos should be starting the Winchester drill via ENSCO 109 shortly. Disappointing result but at least it hasn't cost OXX anything. Adjacent permit WA394 is up for renewal by Shell (by 23rd April) or it reverts back to OXX. Win either way for them it seems.
    OXX Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add OXX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.