OEX 20.0% 0.6¢ oilex ltd

Good news. Fixed in a matter of days with another standby "tree"...

  1. 893 Posts.
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    Good news. Fixed in a matter of days with another standby "tree" on the way.

    It was the PRV's within the tree after all.

    This sure as hell has been one slow frac from the very start. Most fracs take about 1 month
    in the US and that includes clean up and Initial 24 hour flow rates. However, despite the
    slowness {with some delays due to Schlumberger} one can certainly argue that they are
    almost being over-cautious. That's great to see,at least they have been consistently
    over-cautious from the start. Last chance go here so happy to see them dealing with these
    problems in a robust, transparent way rather then in an ad-hoc fashion. I expect more of
    the same pro-active action as the frac and clean-up continue.

    GLATH
 
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