Ann: 2014 Annual Report to Shareholders, page-20

Again I disagree - I don't think Oilex got the frac wrong:

"Look, I think 77H has been poorly fracced on reflection and on the available evidence. They simply
got their fracture process wrong in light of the 300% more oil than originally expected. They were
expecting almost a dry gas well I'd say rather than a wet well. This is critical in terms of the propane/
water mix used. An expected wet well would require more propane/gel in order to open up the
fractures more as the oil would be harder to flow. I think they've under delivered heavily on the
propane in their frac mix here."

Oilex would have based their Cambay 77H frac procedure on the Cambay 73 well's frac of the same formation and based on the same production profile - the reservoir just delivered different results at Cambay 77H from a vertical well - and that could not be predicted in my view.