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 5:36pm

262 Views

Post# 19939542

RE: Shares are Gushing

The blocks referenced in the excerpt below from the website www.oilop.com are the ones immediatly to the south of the OOI prospective lands. This bodes very well for OOI as these are the producing wells owned by Pan Orient and are next to the block owned by OOI.his could be the start of some action...!

Petchabun Basin

Oil Optimization holds a 100% working interest in Block L14/50 which covers 3,934 square kilometres (one million acres) and is located in the Petchabun Basin in northern Thailand.

Immediately south of Oil Optimization’s Block L14/50, there are a number of producing wells located in blocks in L33/43, L44/43 and SW1A which are owned by Pan Orient Energy Corp. and Carnarvon Petroleum Limited.

Bullboard Posts

POET increases production capacity to meet AI demand