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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
Post by skyhi0on Feb 28, 2012 12:38am
510 Views
Post# 19595734

On the other hand

On the other hand

if it falls back a bit those of us who were surprized and couldn't grab some last cheap shares might get another chance. I'd love the .05 opportunity again. Thank goodness I have some.

I agree, .16 - .20 is reasonable for right now but I think it will trundle on up when the seismic goes ahead and the JV is announced then be in the .40 - .50 range just prior to the drilling. It will all happen fairly quickly once it gets going.

long range values will depend on the outcomes of the drilling and future financing but with a sizable land mass this could be another POE in the making.

Bullboard Posts