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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 skyhi0on Jun 19, 2015 8:00am
90 Views
Post# 23847627

RE:News Release

RE:News ReleaseAgreed. While the ongoing news releases imply this company has a pulse it continues to experience respiratory problems. It is being choked by its partner Rockstone who in spite of the promises in previous announcements continues to strangle this management with lack of progress as the operator. I believe this is s typical squeeze that management find themselves in by abdicating too much control. Now we are at the mercy of the operator who is in hopes of bullying their way into a full takeover of the company. Unfortunately at this late stage I think the problems of the company's inability to partner with this very bad big brother will at best delay this drilling program to the Fall after this, now upon us, monsoon season. There really needs to be some leadership here or a willingness of the partner to move along with the current shareholders recognizing the shareholders will be the lifeblood of future developmental income for them. Like you said... "Almost a real company"!
Bullboard Posts