Oil Optimization Inc V.OOI

Primary Symbol: V.OOI.H

Energy Oil & Gas E&P

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

Oil Optimization Inc

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Comment by Dave4444on Feb 26, 2012 10:39am

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Post# 19587061

RE: LIKE this QUOTE

Nice to be able to buy shares of OOI with a market cap. of only $9 million that has prospective resources of 95 million barrels in 12 targets on Block L9-48 and 23.7 million barrels in 5 targets on Block L14-50. At $10 per barrel value in the ground that would be about $1.2 billion worth of oil for a $9 million market cap. company. Now of course you have to discount the value for chance of success, but there are oil fields in the neighbourhood so chance of success is good. Even a 25% success rate would give the company over $300 million in oil and the chance is likely higher. Even if they bring in a 50% partner, they are still grossly undervalued given the potential of there land area. And don't forget, the value per barrel jumps when they start producing it. But just my thoughts.

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