G'day 34232,
Well said.
In Palta, Albers has not only managed to get OXX/Strata (merged) risk free cash, he kept the company in the drill and we don't have the worry of raising a bucket load of cash to drill in an uncertain market. Conservative approach, yes. Wise approach in this economic market, I think so.
If Shell hit the jackpot, OXX further benefits and suddenly has the image of becoming an explorer with production to come.
Importantly, this is just the first project on...entree!
Yummy stuff to come in 2013.
Enjoy the ride...
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G'day 34232,Well said.In Palta, Albers has not only managed to...
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