Oil Optimization Inc (OZTCF) 0.0170 $OZTCF Oil

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Oil Optimization Inc (OZTCF) 0.0170 $OZTCF

Oil Optimization Inc. Provides Corporate Update
ACCESSWIRE - Mon Feb 16, 10:43AM CST
CALGARY, AB / ACCESSWIRE / February 16, 2015 / Oil Optimization Inc. (TSXV:OOI) (the "Company" announces that it has been named as a defendant in a Statement of Claim filed in the Court of Queen's Bench of Alberta. The claim was filed by Heenan Blaikie and alleges that the Company owes the plaintiff $226,000 for legal services rendered between 2012 and 2014. The Company disputes the plaintiff's claim and will vigorously defend itself against it.
OOI.VN: 0.015 (unch)

Oil Optimization Inc. Announces Change of Auditor
ACCESSWIRE - Thu Jan 15, 8:18AM CST
CALGARY, Alberta / ACCESSWIRE / January 15, 2015 / Oil Optimization Inc. (the "Company" announces that it has changed its auditors from Deloitte LLP (the "Former Auditors" to McGovern, Hurley, Cunningham, LLP.
OOI.VN: 0.015 (unch)

Oil Optimization Inc. Settles with Rockstone Petroleum Limited and Obtains Financing Commitment
ACCESSWIRE - Tue Nov 11, 7:27AM CST
Calgary, Alberta / ACCESSWIRE / November 11, 2014 / Oil Optimization Inc. (TSXV:OOI) (the "Company" is pleased to announce that it has entered into an agreement in principle with Rockstone Petroleum Limited ("Rockstone" to settle their respective claims filed in the Court of Queen's Bench of Alberta. Rockstone has also confirmed under the settlement that it will provide funding to drill the first well on Block L14-50, the Company's petroleum concession onshore Thailand.
OOI.VN: 0.015 (unch)

Oil Optimization Inc. Settles with Rockstone Petroleum LimitedA and Obtains Financing Commitment A
TheNewswire.ca - Tue Nov 11, 7:25AM CST
(via Thenewswire.ca)
OOI.VN: 0.015 (unch)

Oil Optimization Inc. Appoints CFO and Provides Corporate Update
ACCESSWIRE - Sat Oct 25, 11:20PM CDT
Calgary, Alberta / ACCESSWIRE / October 26 2014 / Oil Optimization Inc. (TSXV:OOI) (the "Corporation" is pleased to announce the appointment of Mr. Jing Peng CPA, CA, MMPA as its Chief Financial Officer. Mr. Peng is an experienced public company CFO and has accumulated a wealth of experience while employed with Citigroup Global Markets China Limited and later with KPMG LLP. He has also provided valuable financial and business consulting services to a wide range of organizations as a management and accounting professional. Mr. Peng graduated with a Master of Management and Professional Accounting from the University of Toronto's Rotman School of Management and is a Member of the Chartered Accountants of Ontario.
OOI.VN: 0.015 (unch)

Revised:: Oil Optimization Inc. Provides Corporate Update
ACCESSWIRE - Wed Oct 01, 7:42AM CDT
CALGARY, Alberta / ACCESSWIRE / October 1, 2014 / Oil Optimization Inc. (TSX-V: OOI) (the "Company" announces that further to the news release dated July 30, 2014, the Company has paid a US $45,000 interest charge to the Thai Ministry of Energy. The interest charge accrued under the US $1,000,000 performance bond that was released by the Company to the Thai Ministry of Energy to maintain the Company's rights under a petroleum concession agreement.
OOI.VN: 0.015 (unch)

Oil Optimization Inc Prodives Corporate Update
ACCESSWIRE - Wed Oct 01, 5:31AM CDT
CALGARY, Alberta / ACCESSWIRE / October 1, 2014 / Oil Optimization Inc. (TSX-V: OOI) (the "Company" announces that further to the news release dated July 30, 2014, the Company has paid a US $45,000 interest charge to the Thai Ministry of Energy. The interest charge accrued under the US $1,000,000 performance bond that was released by the Company to the Thai Ministry of Energy to maintain the Company's rights under a petroleum concession agreement.
OOI.VN: 0.015 (unch)

Oil Optimization Inc Provides Clarification on Interest Related Payments
ACCESSWIRE - Wed Jul 30, 7:31PM CDT
CALGARY, Canada / ACCESSWIRE / July 30, 2014 / Oil Optimization Inc. (TSXV-OOI) (the "Company" advises that, further to its news release dated July 28, 2014, the terms of the extension of the Concession agreement governing Block L14-50 require the Company to pay interest on the US$1,000,000 performance bond at the rate of 15% per annum for a period of approximately 3-months. The Company is currently negotiating with the Ministry of Energy to settle this interest payment obligation.
OOI.VN: 0.015 (unch)

Oil Optimization Announces Release of USD1,000,000 Performance Bond to the Thai Ministry of Energy
ACCESSWIRE - Mon Jul 28, 8:01AM CDT
CALGARY, Canada / ACCESSWIRE / July 28, 2014 / Oil Optimization Inc. (TSXV-OOI) (the "Company" announces the release of a USD1,000,000 performance bond to the Thai Ministry of Energy, as per the terms of its petroleum concession agreement covering Block L14-50 onshore Thailand. The above payment satisfies a work commitment to drill one exploration well by February 7, 2014, that was delayed due to environmental permitting issues. The funds had been set aside upon signing of the agreement to settle such an eventuality. Interest charges covering a three-month period at the rate of fifteen percent per month are currently under negotiation with relevant officials.
OOI.VN: 0.015 (unch)

Oil Optimization Announces Extension to Letter Of Intent for Two Well Drilling Program Onshore Thailand
ACCESSWIRE - Wed Jul 02, 7:37AM CDT
BANGKOK, Thailand / ACCESSWIRE / July 2, 2014 / Oil Optimization Inc. (TSXV-OOI) (the "Company" announced today that further to the news release dated May 1, 2014 announcing the execution of a non-binding letter of intent dated April 30, 2014 (the "LOI", the parties thereto have agreed to extend the date by which definitive agreements are to be negotiated to September 30, 2014. The Company entered into the arms-length LOI with a strategic investor, with exploration and production experience, that proposes to acquire an indirect 43% interest in the Company's onshore petroleum concession in Thailand by subscribing for shares to be issued by Red Stag Resources (BVI) Limited, a 100%-owned subsidiary of the Company, for a subscription price of US$ 2,340,000.
OOI.VN: 0.015 (unch)

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