OEX 20.0% 0.6¢ oilex ltd

I thought Magna will get 15% of the project for $6m and OEX will...

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    I thought Magna will get 15% of the project for $6m and OEX will be down to 30%. The revenue and NPV are horrible, therefore the sp. NPV is not 10% of revenue.

    Using Cambay 73 as a guide, 77H can flow multiple of times as it is fractured and horizontal. They said 4mmcfd to be commercial, I think it can flow twice that much to start with and can decline 40% on year. Don't know about oil. Just my thought. GLA.
 
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