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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 May 10, 2012 1:06pm
185 Views
Post# 19895097

RE: drilling

RE: drilling

 The 3D vs 2D seismic will dilineate the near certain targets and the JV'partners will show up immediately. I understand there is a high level of JV interest just pending the seismic but all moves at the pace and discretion of the THAI Gov't. Buyiing in at these levels is an opportunity that requires a lot of patience but demonstrates huge rewards and will spring on us without warning.

If you can't wait ... there are plenty of buyers, myself included at this level. I love these prices!

Bullboard Posts