OXX 5.26% 3.6¢ octanex limited

this is good news, page-13

  1. 196 Posts.
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    Here is the context of the quote.

    Today's Fin Review - http://www.afrsmartinvestor.com.au/p/shares/foot_on_the_gas_eYnfDQw6vBN4vXhZA4hgrI

    "What are your future exploration plans?

    We’ve increased our exploration budget this year and made a series of discoveries. The majority of these have been in the Browse Basin, although we made a significant discovery just recently in the Carnarvon Basin. These are the sort of fields we can consider investing in once Papua New Guinea (PNG) and Gladstone are online and we’re getting free cash from that."

    That means Winchester-1 is potentially a producer in the future once the cash starts to flow in.
 
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