OEX 20.0% 0.6¢ oilex ltd

Joatmon, Agree with your comments. I have previously discussed...

  1. 175 Posts.
    Joatmon,
    Agree with your comments. I have previously discussed the field with Ron M on the phone. We discussed issues that water causes where I work in WA. He pointed out that of 16 odd wells that have been spudded in the Cambay Field over the years - none of them has ever produced ground water which is a real positive in terms of keeping a well flowing at its optimum production rate (ground water stuffs it up and binds up the well). Announcement specifically points out no ground water because it is a good indicator. Rusty
 
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