OEX 20.0% 0.6¢ oilex ltd

Oilex announcement

  1. 158 Posts.
    To me this is good news:

    The well is flowing back significant fluids on a small choke (to reduce chances of plugging the perfs) - remember there is still treatment water to get rid of before we get realistic hydrocarbon flows.

    The wellhead flowing pressure is strong, and the wells potential with a larger choke indicates a a very commercial high quality oil well to me.

    I just don't see what the negative sentiment is based on?

    joatmon
 
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