Share Name Share Symbol Market Type Share ISIN Share Description
Oilex Nl LSE:OEX London Ordinary Share AU000000OEX8 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.02p -8.51% 0.215p 0.20p 0.23p 0.235p 0.215p 0.235p 3,903,319 08:57:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.1 -2.2 -0.2 - 2.54

Oilex Share Discussion Threads

Showing 29326 to 29350 of 29350 messages
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DateSubjectAuthorDiscuss
18/9/2017
18:49
Fair enough Tera, the thing that worried me was this extension. However the share price and the cash calls being paid by GSPC suggested a more positive outcome to the extension than I initially anticipated. I can't put a value on the workovers unless they firm up how to 'unlock the code' - it may not be horizontal fracing - but I suspect vertical tests may help us and be a lot cheaper. There has been a number of things Oilex have done under the new mgt and I am confused why they haven't been done under the previous lot. I suspect the company is in lot better shape since 77H then ever before.
josephrobert
18/9/2017
16:41
Yes back to 2p likely tomorrow
kirk 6
18/9/2017
16:14
I think this is starting to move up, about time really , so so undervalued now.
rental
13/9/2017
06:19
Decent volume on ASX tonight looks like the Good Oil Presentation went down well
teraferma
12/9/2017
19:12
JR For me, this was the most important bit.. The development plan encompasses a staged approach, initially focussing on workovers and drilling of a small number of new wells. It is anticipated that notification by the government regarding the PSC extension will occur during Q2 of 2018. No major expenditure will be undertaken whilst the PSC extension is being considered.
teraferma
12/9/2017
18:31
IMO the important bits from today's release of the Financial report for year ended 30 June 2017 were at the start - The Company is now reviewing its existing vertical wells with a view to conducting an initial test of the stimulation recipe. In the June quarter, our Indian joint venture received the equivalent of US$1.4 million in outstanding cash calls from its joint venture partner, with additional proceeds anticipated. Importantly, all outstanding work programmes were approved by the joint venture and government regulator, and our joint venture partner has resumed payment of Cambay cash calls relating to the 2017/18 work programme. A key focus of the 2017 financial year has been the preparation of the application for an extension of the Cambay PSC. As required, the application was lodged in September 2017 ahead of PSC expiry date of September 2019. The Company anticipates receiving a response to the application from the Government of India in mid-2018.
josephrobert
11/9/2017
07:44
kaos3 29 Aug '17 - 16:51 - 15721 of 15723 - 'further cash calls hinted is not to my liking' - I read the extract from the RNS that GSPC is paying it's share of the JV costs as they come due ie some may also infer that they will finally resolve the previous outstanding cash calls.
josephrobert
09/9/2017
11:17
HNR - TWO wells successfully drilled with abundant oil and gas in samples extracted! Fracking and FIRST OIL next month! Don't miss this train!
happyholder123
07/9/2017
14:37
Pos let chimpanzees run it ffs
doerx2
29/8/2017
16:51
maybe oex are waiting for a successful stimulation and then getting 55% under preemptive rights? further cash calls hinted is not to my liking
kaos3
29/8/2017
08:19
presentation out
kaos3
28/8/2017
20:43
From Oilex Ltd Quarterly Report 30 June 2017: The Company has received informal advice that the sale process is unlikely to proceed in the near term > The Cambay joint venture have received the equivalent of US$1.4 million in regards to outstanding cash calls from its joint venture partner > It is anticipated that GSPC will commence regular contributions to ongoing operating cash calls going forward. Seems that GSPC can see value in the project and has the funds to help it along.
josephrobert
28/8/2017
20:31
Courtesy of Del786 on the other board - hTTps://audioboom.com/posts/6239306-857-oilex-oex-versarien-vrs-and-connor-campbell-on-pfc-has-rtn?t=0 and djm security - '...seems more like it's been a frustrating few years but now Oilex have been given the formula to unlock the potential at Cambay. As detailed in the 2016 annual report, Oilex " look forward to unlocking the key to the sustainable commercialisation of the unconventional hydrocarbon resources within the Cambay project". As per the report we all read in the RNS on the 24th of August, Schlumberger and Baker Hughes may well have provided Oilex with that "key" mentioned in the 2016 review.'
josephrobert
25/8/2017
19:10
no real proof of the concept yet. only on paper. costs a lot worth potentially nothing I am afraid
kaos3
25/8/2017
15:15
The share price is going down despite excellent news.Any sincere thoughts available why !!!
shwetal
25/8/2017
13:16
No need for placing They are receiving all cash owed back in instalments first one end of Sep
toolsmoker
25/8/2017
08:40
Wow incredible people are actually selling for less than before yesterday excellent news. However as always we know there are traders and institutions that have wind of placing news even if it's a long time in the future so will always forward sell here
kirk 6
24/8/2017
16:09
After the original excitement, great volume the share price drops back to normal!Going to take a little more than the same old xxxx before any losses are recovered........ can somebody confirm partner debts are being repaid , where did you read this?
rawv8
24/8/2017
15:12
Obviously some one knows something
kirk 6
24/8/2017
11:49
I think the present CEO is doing the right things.
buci
24/8/2017
09:56
This is the kind of news I would have expected about 10 years ago, sometime shortly after the first well. Not after drilling a couple of horizontals and several fracking / simulation tests..... ?
canigou2
24/8/2017
09:01
I think I will sell into this and look at further mosman myself
steveglobal4
24/8/2017
08:13
So no need for another placing with the cash coming in! Expect another statement in september
kirk 6
24/8/2017
08:11
The word "potential" is used too many times in that rns. Potential can be loosely used to cover any eventuality. A perfect disclaimer
apfindley
24/8/2017
08:03
Wow that's bloody incredible news today missed that
kirk 6
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