OEX 20.0% 0.6¢ oilex ltd

I disagree with your statement "with the failure of last 2 wells...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 158 Posts.
    I disagree with your statement "with the failure of last 2 wells to either prove the reservoir or make any money,"

    Cambay 77H proved the reservoir, and it will make money for years to come, and eventually recover its cost.

    From the January report: Cambay PSC - "delivered the Proof of Concept, demonstrating the Cambay Field can be commercially developed." and "Initial production profiles indicate robust economics, despite the recent sharp drop in oil prices."

    What information do you have to refute the above statements from the January report from Oilex - or are you a serial deramper or just wingeing?

    Ignoring the truth does not change the truth?
    Last edited by Joatmon: 05/03/15
 
watchlist Created with Sketch. Add OEX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.