RE: RE: RE: RE: A little info more like .03 up to .12 and now .045.
Buy the dips.
Review why you bought it in the first place and then re-read the news (below) the company put out. Go to their website and read. If you have trouble making the news fit your personal timeline then call the company (address and phone at the bottom) and ask them if they are on track. The facts will do a lot to relieve your angst and make you glad to pick up more shares when you can. ts a great little play. Maybe a big play someday.
From last november... (not that long ago)
OIL OPTIMIZATION UPDATES ON ITS EXPLORATION PROGRAMS IN THAILAND
Bangkok, Thailand - Oil Optimization Inc. (TSXV:OOI) ("OOI" or the "Company") wishes to update
its shareholders on the Company’s operations onshore Thailand, in light of recent flooding in some
parts of the Country.
The Company’s L14-50 project in the north Phetchabun basin has not experienced any flooding to
date, although the rains can be heavy and unpredictable. As a result, the Company has modified its
proposed work program to focus on three primary leads, starting with a 50-line kilometer 2D
seismic survey. The objective of the revised program is to mature one or more of the three leads
into drillable prospects, while minimizing technical and financial risk. 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.
The Company’s two other onshore concessions, Blocks L9/48 and L3/50, have not been impacted
by the rains and work is proceeding as planned and on schedule.
About
Oil Optimization Inc. (TSXV:OOI)
Oil Optimization Inc. is an international junior oil and gas exploration company registered in Calgary, Canada
with operations onshore Thailand. OOI currently holds a 100% interest in exploration Blocks L3/50, L14/50
and L9/48 for a total of 2,500,000 acres. The Company is focused on exploring and developing each of these
blocks as well as seeking accretive acquisitions in the region. www.oilop.com
Contact:
Christopher Serin
Chief Financial Officer
Tel (604) 628-7124
Email info@oilop.com
Website: www.oilop.com