Does anyone else think the following disclaimer from page 2 of...

Does anyone else think the following disclaimer from page 2 of today's Proof of Concept report was a little odd?

"These graphs do not infer or imply anything regarding possible production rates from future wells in the Cambay Field.*"

If the graphs were not for comparison purposes then what was the reason for them? Fun? A bit of a giggle? No. They were there for a reason.

I suspect they were there to give a hint of what kind of rates might be expected from future wells.

Range Resources Well #3 produced at 600 mscfpd and Cambay 77H sits next to it in the graphs and is showing 1 mmscfpd. 66.6% greater than Well #3.

Extrapolating forward Range Resources Wells #4 through #7 came in at rates from 3.2 to 4.7 mmscfpd.

Assuming future OEX wells show a similar growth spurt going forward then we could expect rates varying from 5.3 to 7.8 mmscfpd.

If we dare to look as far as the Well #8 rate of 14 mmscfpd then a 66.6% increase would mean that Oilex could be searching out a 23.3 mmscfpd production well somewhere down the line.

Here's hoping the Range Resources comparison graphs weren't just for fun.

Ron, ended the report with the following: "Delivering Cambay-77H with its proof of concept objectives is now almost complete. Upon completion of these objectives, Oilex will continue to focus on commercialising the Cambay Field and generating sustainable cash flow and profits for shareholders."

I'm beginning to suspect he's quietly confident about Cambay.