OEX 20.0% 0.6¢ oilex ltd

77-H early oil production

  1. 158 Posts.
    I note in the report that Cambay 77-H has produced 589bbls of oil:

    "(589 BBLS FROMCAMBAY-77H FLOW-BACK POST QUARTER END - GROSS OIL PRODUCTION)"

    This in my view is very significant information - indicating that the Y zone can produced oil in commercially viable quantities. Of course the well is still cleaning up and we will not know the stabilised levels of oil production and gas for a while.

    joatmon.
 
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