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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 Franjo11on Feb 16, 2013 1:01pm
150 Views
Post# 21000229

RE: RE: Understanding it

RE: RE: Understanding it

You might be right, the election period has now expired and they had to pay $100K for additional 3% interest regardless of the election to cover or not cover the drilling cost.  Maybe they are saving that news for the next couple of months as the drilling approaches.  That would certainly have a very positive effect on the stock, so let's wait and see what happens in the next few months.

Bullboard Posts

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