OEX 20.0% 0.6¢ oilex ltd

BD Your " 'somewhere " invariably goes back to the Netherland...

  1. 2,252 Posts.
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    BD Your " 'somewhere " invariably goes back to the Netherland Sewell "independent" report and there are numerous figures in there which need to be identified otherwise they are meaningless
    For transparency I have taken the share due to Oilex from the report given at the 2013 AGM
    Be aware at this stage our share of Cambay was 45%

    For unrisked CONTINGENT recoverable resources the figures were in Bcf
    1C= 81 2C= 222 3C=483
    The corresponding figures for unrisked recoverable PROSPECTIVE resources were
    1c= 116 2C=421 3C 1632
    Not sure what your 11 cents is but official Indian price is $8 per million BTU or about $9 /thousand
    In addition to gas expect some condensate

    So yes this is big bikkies if she flows .If she doesnt we are all going to need to know how to swim because there will be a lot of tears around including mine
    Good luck to all as we hold our breath on this all or nothing ride


    F
 
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