OEX 20.0% 0.6¢ oilex ltd

The well is still expelling frac water and the hydrostatic...

  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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