Yes 34232 the stats are not in our favour but one winner makes up for a lot of losers.I think years ago NZO had several wells planned in a NZ permit and discovered TUI in the first and then had dry wells on the other structures.Well they certainly drilled them in the right order for the long suffering shareholders and what a prolific producer TUI turned out to be. I would have preferred OXX to have one well being drilled at a time but with the luck of the game we have two. It seems so long since a small explorer had a decent oil/gas discovery in Australia.
OXX Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held