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

Bullboard Posts

Comment by skyhi0on May 23, 2012 5:20pm

321 Views

Post# 19939496

Shares are Gushing

.... but they also are keeping good assets in Thailand.

Lots going on there and any day now should hear of the seismic. Isn't that 3D seismic... not 2D? That was their big push when they did their financing. 3D was to be much more accurate than 2D.

Stockhouse Canadian Small and Micro-cap Stock Report for Wednesday, May 23, 2012

TORONTO (SHfn) – Pan Orient Energy (TSX: V.POE, Stock Forum) shares jumped 62% to $3.35 on volume of more than 2.1 million shares Wednesday after the oil and gas producer/explorer said it has entered into an agreement for the sale of its operated 60% interest in Thailand Concessions L44/43, L33/43 and SW1 for a cash price of US$170 million plus approximately US$8 million for working capital and other adjustments.

Bullboard Posts

Sirios Resource discovers visible gold in Quebec