OXX 0.00% 0.6¢ octanex limited

bitzer,I rang Albers earlier this year and we discussed Palta....

  1. tui
    6,074 Posts.
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    bitzer,
    I rang Albers earlier this year and we discussed Palta. Shell has tight PR control on this well and even Albers admitted he may not be party to immediate results.

    I was rather disappointed in the lack of news but at the recent O&G conference ( this week ) David Wrench from STX said that it had been considerably delayed due to repeating storms. The good news was that Target Depth was expected within a fortnight.

    I was greatly heartened. There is still life in this drill.
    Good luck everyone.

    I have positions in both OXX and STX.
 
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