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77-H early oil production, page-2

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tony_brou

193 Posts.

24/07/14

15:33

Post #: 13709519
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Originally posted by Joatmon ↑

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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Be interesting to know whos been selling over last few days as sell side volume has completely dried up

OEX Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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