OEX 20.0% 0.6¢ oilex ltd

77-H early oil production, page-5

  1. 2,252 Posts.
    lightbulb Created with Sketch. 102
    2.4 million sale at end of evening.Price 10.6 P when trading price was 11.68
    Is this the end of Darwin and can the price in London now run up

    Mandurah think the announcement is too ambiguous to extend the figures but very exciting nontheless
    US operating costs generally between $1 and 2/mcf
    Decline curves typically show a rise from day one of production to 2 months time then a decline

    On Barnett shales @5yrs the rate was half the one month rate

    That condensate could be a very big bonus and Iam surprised more gamblers havent entered as a result
    But with Darwin out the way and Patersons /Carmichael probably mainly out to free carried point we could see some action next week
    Will they give us an interim update?
 
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