Flow rate, page-20

I couldn't help but check out the Interactive Investor web site, so here's more of their thoughts on OEX (start at the bottom and work your way up):

	Date/Time	Subject	Author	Votes All 1+ 2+ 3+ 4+ 5+ 10+ 20+ 50+
1	15:01	Re: RFC Ambrian valuation 15.3 etc.	Joatmon
2	I think the statement - "Cambay-77H could have an initial production rate of anywhere between 3-5mln cfpd, by its estimation." is way below a realistic estimate.In my view if the Cambay-73 well initial daily production was around 1MMcfpd and this has now declined to about a quarter of that at a stable rate, from a vertical well. But the Cambay-73 vertical well may have Intersected 30 vertical meters of pay (at a guess) - and Cambay-77H probably intersected 350 meters of pay (and was given a good fracking, so I would hazard a guess at 10MMcfpd minimum initial flow.But this is just a guess of course - we shall see as time passes.joatmon.
3	13:40	RFC Ambrianvaluation 15.3 Whats not to l...	susygold
4	Sorry for the number of post but come on this is just getting better and better. Win win.RFC Ambrian notes the one million cubic feet per day (cfpd) initial production rate of the nearby hydro-fractured Cambay-73 well, and says Cambay-77H could have an initial production rate of anywhere between 3-5mln cfpd, by its estimation.“Our modelling suggests that anything above 3MMcfpd is likely to be commercial at the current budgeted well cost (US$13.2mln). If well costs can be brought down to US$10mld in a full field development, then we estimate that the commerciality threshold is even lower (around 2.3MMcfpd). We estimate that Oilex’s interest in the Cambay Tight Hydrocarbon Project is worth US$183mln (A¢24.0/share, 13.2p/share), assuming a 50% chance of full-scale development,” the broker’s number crunchers declared.The shares are currently trading at around 6.75p, up 0.4p on the day, still some way short of RFC Ambrian’s valuation of 15.3p after the broker doubled its fair value estimate from 7.7p.
5	13:22	good press	susygold
6	Mmmmm , I would think we well finish in the 7's .http://www.*.co.uk/companies/news/7...ambay-77h-proceeds-without-a-hitch-70344.html
7	11:43	Buy Re: sellers ?	susygold
8	They are selling on the good new for that very reason and my finger was over the sell button and I wish I had. But I would be back in now if I had and would think this is a very good buy @ this price the only way is up . the next RNS well see us in the 8s IMO .GLA