OEX 20.0% 0.6¢ oilex ltd

% chance of being commercial, page-4

  1. 893 Posts.
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    Based on previous ann of API 50 recovered {112 bopd with 60% of frac fluid still remaining} that
    "exceeded their expectations " plus gas flaring and "exhibiting all the characteristics of a high
    performance multistage fracced horizontal well " together with a strong close on Friday tells me
    a 75-85% chance of commercial flows.

    GLTAH
 
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Currently unlisted public company.

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