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Oil Optimization Inc 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
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(4)
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Comment by skyhi0on Feb 27, 2013 12:36pm
96 Views
Post# 21049247

RE: RE: Understanding it

RE: RE: Understanding it

I tend to agree with this interpretation.

I don't think the EIA approval will be much longer as this area is not new to the approval process.

My bigger question is once the well has spud how deep do they typically drilll in this area and how long would it usually take to reach targeted depth?

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities