OEX 20.0% 0.6¢ oilex ltd

If only it were that simple. It's my understanding that we need...

  1. 74 Posts.
    If only it were that simple.
    It's my understanding that we need approval to drill another well, which at the moment we don't have and I imagine the dispute with GSPC would somehow have to be resolved to facilitate this.
    Then there's the question of money, the final cost on our last well 77h was around thirteen million dollars.
    Imho resolution of the two major outstanding issues is paramount to allow any chance of future success being achieved and over time this has become increasingly unlikely.
 
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