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Oil Optimization Inc V.OOI


Primary Symbol: V.OOI.H

Oil Optimization Inc is a Canada-based international junior oil and gas exploration company with a discovery program onshore Thailand. The Company owns the exclusive rights to an approximately 500,000 acre petroleum concession covering the entire northern section of the hydrocarbon-rich Phetchabun basin. The southern section of the basin produces approximately 1,888,888 barrels of oil per year and is being developed by China’s ECO Orient Energy Limited, a subsidiary of the Hong Kong and China Gas Company Limited, Kazakhstan's Berlanga Group and Loyz Energy Limited of Singapore. The Company's subsidiaries are Red Stag Resources (BVI) Limited, JSX Energy Holdings (BVI) Limited, JSX Energy Holding (Thailand) Limited and JSX Energy (Thailand) Limited.


TSXV:OOI.H - Post by User

Bullboard Posts
Comment by skyhi0on Jan 10, 2012 12:25am
253 Views
Post# 19384838

RE: Floods

RE: Floods

Yup... see excerpt from news below.

The seismic program will commence in Q1-2012 and will be followed by a drilling program shortly thereafter. Funding for the Company's work program on L14/50 is secured by irrevocable bank guarantees now held by the Thai Ministry of Energy.

 

Fill Yer boots... at these prices

Bullboard Posts