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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
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Comment by skyhi0on Mar 12, 2013 11:00am
153 Views
Post# 21115864

RE: Question

RE: Question
Read the news from May 24th,2011. The Company announced embarking on a seismic program and submission of an EIA. They indicated then that they expected to get approval from the Thai authorities in 90 days.
EIA approvals are not new to the area. Read news from other companies in the area and you will see EIA approvals in less than 30 days on occasion.

 

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