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 dyazon May 26, 2014 1:24pm

177 Views

Post# 22598572

RE:There will be 2 wells

Some days you seem to have the inside on this one Sky but I think you are wrong if you think they will drill prior to the rains. The best we can hope for by then is a completion of the farm-in deal by June 15th and then an EIA approval. Either one of those should is good and adds some surety to the 2 well drill program. Though I see a gradual rise in price I don't see that .25 until this fall sometime. There will be the odd buying opportunity before then as well as some exhaustion comes into play for those tired longs. Maybe you are one of them?

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