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5.26% 3.6¢ octanex limited

Octanex oil production news, page-13

  1. rivermore
    2,603 Posts.
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    02/11/17
    19:52
    Post #: 28452099
    A few points. The oil is sold at s small premium to Brent so about USD 62 per bbl. First lifting is based on average of 6000 bbls per day but production likely to slowly jncrease as water drive becomes established. Looking for it to stabilise at around 10,000 bbls per day, stabilisation unit rated for 15000
    OXX Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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