OEX 20.0% 0.6¢ oilex ltd

Thanks Chillam Not sure what to make of all this, and neither is...

  1. 817 Posts.
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    Thanks Chillam
    Not sure what to make of all this, and neither is AIM at the moment!!
    I take Spuds comment ref no pressure drop that only something that Ron would have commented on. If it is the case and there is still frac fluid/water flow back then what do we think is causing such a long depletion time, or are those who follow eagle ford shale fracs comfortable that the flow back can sometimes take weeks?
    Whats the view on Canning in Oz? I was in Buru a while back but it now looks like the market is shorting it to death.Is the whole Cooper/Canning frac play just too high risk and long term?
    Cheers
    Griz
 
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