OXX 5.26% 3.6¢ octanex limited

week 11 report, page-9

  1. 573 Posts.
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    I'm no well engineer.
    But I am familiar with Albers 'speak'. So my between the lines guessing (that all this is) is the following:

    "...higher than expected" = good. 'We were a bit conservative with our cubes and the trap/structure is there and maybe better than expected'

    "...Gas shows in the main resevoir" = negative. 'This was our main target and we got 'shows'. If they were 'good' or 'strong' shows, we would have said so'.

    "...gas kick in separate SS" = Maybe something but dont bank it. I really cant read between this line; so we'll have to wait to see.

    Still strange not to see STO take the lead on announcements.

    Cheers,

 
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