OEX 20.0% 0.6¢ oilex ltd

Ann: Cambay-77H Well 4 1/2 inch casing set and ce, page-7

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  1. 175 Posts.
    re: Ann: Cambay-77H Well 4 1/2 inch casing se... I think sellers have seen the comment that Cambay 73 Vertical well was flow tested at 1 MMscfd in the release.

    They know that DJ's Analyst says that 77H needs to flow at 4 MMscfd to be Commercial. They have gotten nervous and done a runner.

    The difference in drawing power and flow rate from a 4.5 inch Vertical (73) Well pipe end and 8 Fracced drawing points along 350m (77H) of 4.5 inch pipe is enormous. I think they will regret their sale when they work it out.

    Rusty
 
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