OEX 20.0% 0.6¢ oilex ltd

News: Oilex sees “significantly improved performance” in Cambay 77-H well, page-65

  1. 158 Posts.
    The well is still expelling frac water and the hydrostatic column pressure of that water is reducing the wells performance - this well will be improving with each barrel of water flowed - no one seems to take this fact into account with their pessimistic views.
    PI's need to be patient and wait for the wells true potential to reveal itself I estimate at least double what it is putting out now when we have all hydrocarbons and no water.

    joatmon
 
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