This comment from Dexter
"OXX have a 4% Interest in MOG and a 6% Interest in Cue. That provides them with 1.5% indirect exposure to Artemis."
This is quite correct.
4% of 15% and 6% of 15%
If you use 12 Tcf then OXX indirect share is
180bcf @ say 50c mcf is 90m
Using 150m shares on issue then that is 60cps to OXX.
Artemis is also an important drill for OXX
Another potentialy high value adding string to OXX's bow!
oxx investments, page-12
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