OEX
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20.0% 0.6¢ oilex ltd

What's It All Mean??, page-10

  1. Optionsman
    30 Posts.
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    23/08/14
    20:53
    Post #: 13862411
    Yep, great link there Bobla. It says volatile oils have a maximum GOR of around 3500 scf/stb. 120bbl/mmscf = 8333 scf/stb, which is too high for an oil. 77H is therefore a gas well.
    OEX Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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