|Tue 13:30||buzzzzzzzz||.The bottom paragraph of the RNS
The combined production of Cambay-73, once brought back into production, and Cambay-77H, during ongoing water recovery, is estimated to be circa 1MMscfd and 40bopd (200 boepd gross). This is a significant step towards cash neutral operations, which should be attainable with the start-up of Bhandut-3 gas sales and ongoing Cambay oil production from legacy... read more...|
|Mon 23:11||the stigologist||
26 Oct'14 - 23:00 - 459089 of 459367 2 3
Uncle Macca told ya to get some OEX at 4.5p.
Try buying them tomorrow that cheap!!!!! read more...|
|Mon 16:06||nick rubens||It is bad though when investors can only hope a return might come by playing poker style 'spot the share that might go up'.
Most listed companies are just 'debt and equity to wage' converters. read more...|
|Mon 06:27||rodrod1||A very reassuring RNS. It is full of detail and gives an insight into the complexities involved. This is an investment vehicle imo. It is not a case of buying lottery tickets when purchasing OEX shares.
Cambay is absolutely massive. The proof of concept was fundamental to OEX. That is now proven.
Meanwhile Canning is the elephant in the room with Magna ready to pounce at any time. read more...|
|10 hours ago||wardy333||When you realistically think about what OEX has , producing wells with infrastructure there , proven not only Gas but Oil as well, A new unproven area in Australia that could be worth billions when drilled, other small bits here and there , a readily available market close to Cambay drills with good prices being paid, cash in the bank and taking cash away you could buy the lot currently for... read more...|
|Tue 08:24||acta_topup||The fact is that it has taken far longer for them to clear the fracc/washout fluid than expected. The presence of the water is clearly affecting the flow of hydrocarbons. Rather than continue to delay cash generation from the well and hold up progression of the entire drilling programme they have taken the prudent step of conducting a flow test with a model that allows them to take this into... read more...|
|Mon 23:42||the stigologist||DOWN to 5.5c in oz ! read more...|
|Mon 23:31||the stigologist||OEX getting smashed in oz again
|Mon 07:11||tracy_moore||Somebody got out of bed the wrong side and very EARLY Stigologist, happy little bunny aren't we. Search the papers for funerals , you will be an excellent grim reaper. read more...|
|Mon 06:11||brasso3||I will admit that the RNS is not the fire works I was expecting. We still have to put this into context with a company that has a market cap of £22m.
This will increases OEX revenues by 5 - 10 fold.
There is enough cash to drill the next well which will have a much longer horizontal section.
Canning is moving forward in the background. read more...|