OEX 20.0% 0.6¢ oilex ltd

Ann: Cambay-77H - Successful Well Test, page-5

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  1. 360 Posts.
    lightbulb Created with Sketch. 17
    Well I'm both happy and relieved that these preliminary results have shown that the Cambay Field is commercial. The report is detailed in quantifiable terms enabling shareholders to make up their minds whether to take part in the SPP.
    Interested to see the results were obtained whilst the frac efficiency was only approx 25% of the calibrated model so expect huge improvements in the next well.
    Agree this should ignite the AIM, will be nice to see a turnaround in sentiment on this board instead of the constant naysayers and snipers with their own agenda.
 
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