OEX 20.0% 0.6¢ oilex ltd

Interesting announcement confirming that overall we got it wrong...

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  1. 2,252 Posts.
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    Interesting announcement confirming that overall we got it wrong again
    Not saying this in a derogatory manner because American fields have shown you need several wells to get it right

    Surprised there has not been a better reaction to this
    proof of concept now a given
    proof of ability to deliver getting closer
    These results from an impaired well with short laterals
    Will run a lot better with correct well bore tubular size
    the 10 year forecast is surprisingly low considering we are well along the decline curve
    Comments????
    Expect a big move on AIM tonight again

    Cannot believe they are talking 1400m fracs with their track record
    Lets get a 700 right before this is even talked about

    Overall good news
    Only had the readies for 80k top up but thinking this could hit 10 again in next week or so
 
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