News: Oilex sees “significantly improved performance” in Cambay 77-H well, page-50

I also think it's time for REGULAR, if not weekly updates from here on in. This is fast approaching {I hope} a
material event now, whether it be good or bad. Shareholders who have shouldered the risk up to this point {Others
have already abandoned ship} should be given relevant info as it comes to hand. I think after 10 weeks, with all
problems now officially behind us and a flow rate of 229 bowpd given, we should at least be given an estimate
of when clean-up will finish. I expect at least an update on the bowpd recovered after 1 week or so even if they can't
tell us how many ACTUAL bow are to be in fact recovered. They would know this.

No announcement one way or the other for more than 2 weeks and I would expect further bad news. If it is good
news then I would expect an update in the next 7 days-- ie. Choke has been opened up and flowing say 500 bowpd
with no other issues and MAYBE with an expected completion date based on the above figures. That's what I'm
expecting in the next 7-10 days and let's face it, if they had that kind of news they WOULD release it. They have
an obligation to the SP which has been hammered - 60% off it's highs from 8 weeks ago.

Interesting to see how management handles this critical juncture in the pending success or failure of 77H.

GLTAH