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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
Bullboard Posts
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(4)
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Comment by skyhi0on Apr 25, 2014 2:21pm
106 Views
Post# 22492059

RE:RE:News Release

RE:RE:News ReleaseIts been over a month already but from the recent news ---“Management will now proceed to submit a multi-well environmental impact assessment report for governmental review and approval. A drilling program is also in the advanced planning stages and will commence once necessary permits are issued.”---- a drilling program could commence very quickly. It typically takes about 3- 4 months (historically) for EIA approval so I don't anticipate any drilling before JUNE at the earliest, other than announcements of director appointments, farm-ins or financing. it could all happen very quickly.
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