OXX
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0.00% 0.6¢ octanex limited

Yes Access the costs are mounting and we have seen what happens...

  1. barry731
    1,452 Posts.
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    03/03/13
    19:59
    Post #: 11491493
    Yes Access the costs are mounting and we have seen what happens when costly wells don't come in- ENI and OMV.
    A dry hole would be bad enough for Shell and they wouldn't want to provide any ammunition for the enviromentalists.
    Interesting reading at

    http://www.nopsema.gov.au/assets/epsummaries/EP-Summary-Shell-Palta-Drilling.pdf
    OXX Price at posting: 19.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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