OEX 20.0% 0.6¢ oilex ltd

Commencement of Gas Production from Bhandut Field, page-7

  1. 158 Posts.
    Bhandut gas production/sales have commenced - what is unclear (as you do not know what to believe) about this announcement - this is another step forward, not back.
    A new revenue stream has started and the market overall sees this as a major positive. The monitoring of the well's gas production over a couple of months should provide the data to validate commerciality and properly plan a field development plan - no guarantees (and no sales info yet), but a major step forward at Bhandut.
 
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