OEX 20.0% 0.6¢ oilex ltd

They should be making good progress towards completing the full...

  1. 1,409 Posts.
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    They should be making good progress towards completing the full suite of logs, after the wellbore was conditioned, to undertake a full interpretation of the reservoir properties - before securing the reservoir section behind the 4 ½ inch production casing - as mentioned in the 14/4 ann.

    Maybe the market has just been taking a breather/profit taking/consolidating etc before further anns.

    Technically the sp at 7.1c is oversold to billy-o and the tech indicators are now looking primed for another surge.
 
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Currently unlisted public company.

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