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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 Dave4444on Nov 15, 2012 11:03am
424 Views
Post# 20604443

Everything is moving in place for the big run

Everything is moving in place for the big run

Many of the shares held in escrow will become free trading, thus offering incentive for management to drill.  The siesmic is done, a partner obtained, cash in place and a deadline of Spring 2013 to drill one hole or lose the property.  Everything is lining up.  They review the siesmic, decide where to drill and then the promo starts.  At least that is how I see it.  Buyers know this and are starting to pick up shares in anticipation of the drilling announcement.

Bullboard Posts