canning farm in closure than we think

Think there maybe some significance to the key developments OEX have and the order they are listed in the DJ Carmichael research given we are about 6 weeks from Ariel survey results.

http://oilex.com.au/docs/default-source/Analyst-Research/oex-181013.pdf?sfvrsn=0

Note spud 77H then Farm-out Canning then 77H well test result.

So how close is Farm-out news.

We have identified the following near terms catalysts for OEX which include:
•
• • • •
Approval of service contracts for Cambay-77H (4Q CY2013).

Spud of Cambay-77H well (1Q CY2014).

Farm-out of Canning Basin acreage (1Q CY2014).

Cambay-77H well test result (1Q/2Q CY2014).

Production approval for Cambay-73 and B-3 wells (1Q CY2014). (Worth $70,000 per month potentially)