Odyssey's Oceanica find larger than thought

  • By Business Observer Staff
  • | 5:16 p.m. July 7, 2014
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
  • Share

TAMPA — Odyssey Marine Exploration Inc. (symbol: OMEX; recent price: $1.73) says an earlier report on the phosphate rock ore reserve at its offshore Oceanica deposit was too low. A new report estimates the phosphate rock ore there is closer to 360.7 million tons, a 20% increase over the last preliminary assessment total of 301.5 million tons for the site.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • February 7, 2026
Tampa airport unveils final design for new $1.5B airside terminal
  • February 7, 2026
Report: NY, Idaho among feeder states for Sarasota, Manatee growth
  • February 6, 2026
Southwest Florida homebuilder dies at 91
  • February 6, 2026
California dental insurer cutting Tampa jobs

Sponsored Content