OXX 5.26% 3.6¢ octanex limited

palta saga, page-3

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    Octanex has been advised by Shell Development(Australia) Pty Ltd (Shell) that the Palta-1 exploration well, operated by Shell and situated within the WA-384-P permit (see Figure 1), has reached total depth and logging results confirm that it did not encounter commercial hydrocarbons.

    The well is currently being plugged and abandoned.
 
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