It has been 84 days since spud. When I was working for oil companies, drilling and fraccing, we allowed 28 days to drill and frack and flow. i am getting impatient. I want this well to get flowing much faster so that I can sell and move on. I have my eye on a great IPO coming up. The management is very very strong. an OEX antithesis. Waiting 3 weeks to demob a rig is lazy management. Waiting until the rig is dismantled before commencing the frack mob is the sort of thing a company with a lot of money and a comfortable schedule might plan. Oilex has none of these assets. For $%^# sake Ron, get on with it.
OEX Price at posting:
11.5¢ Sentiment: ST Sell Disclosure: Held