Oilex Ld Share Discussion Threads

[babbler] 15/11/2018 16:30

Please do. Oh damn I replied... Go on dare you. And copy the response here. Thanks

[bulgarian] 15/11/2018 16:27

What no-one is able to confirm Degseys earlier statement about the 1.x TCF PROVEN resources and all the infrastructure in place? Even tho Company presentation refers to:

$10M Phase 1 costs, $40M Phase 2 (including surface facility upgrade) and the requirement for 40-50 new wells drilled.

Perhaps I'll email the company and ask them and compare to what has been posted liberally on BBs.

[babbler] 15/11/2018 16:23

Let's stop talking to him... Might go..

[theaviator] 15/11/2018 16:19

Bulgarian go buy Ast! There is your two well disaster! Not here!!!!

[babbler] 15/11/2018 16:16

Whatever... Couldn't care less anymore about your opinion. Not going to reply anymore. Bye.

[cudmore] 15/11/2018 16:15

RNS tomorrow clarifying everything will see these rocket again. You won’t get them for under 0.6p then. Look at some of the huge buys today when it dived for about 10 mins. Follow the money and not the hype!

[bulgarian] 15/11/2018 16:15

The two existing wells at Cambay generate how much net cash to the business?

Babbler, have you done your research, or just jumped on what Degsey told you to ;-)?

[theaviator] 15/11/2018 16:11

Indeed Goodbloke.

[babbler] 15/11/2018 16:10

And no quote to buy.... Rns?

[babbler] 15/11/2018 16:09

Over ask paid.

[babbler] 15/11/2018 16:07

Up she goes. 23 minutes... In or out?

[tutthetrader] 15/11/2018 16:07

Or maybe they wanted to dip their fingers into the pie....

[babbler] 15/11/2018 16:06

Imo.. They didn't want the price going crazy when they weren't sure. Imo.

[babbler] 15/11/2018 16:05

Read that... All for 12 quid mcap.

[babbler] 15/11/2018 16:03

The key field results from Cambay-77H flowback and production testing are encouraging. The sustained initial 24 hour rate during flowback was 2.03MMscfe/d, comprising 55% light oil/condensate with concurrent operations water production of 1,867bbls/d. Flowing wellhead pressure was 1,261 psig. Rates are presented in energy equivalents converted at 5,800 scf of gas per bbl of oil because the well was originally designed as a gas and condensate producer.The results clearly indicate recovery of significant volumes of oil and gas can readily be achieved.  Importantly, Cambay-77H and the model, confirm that the tight Eocene formation in the Cambay Field is amenable to this form of fracture treatment, leading to the conclusion that the Y Zone can be commercially developed with this technology. Oilex is particularly well placed to successfully deliver production, cash flow and reserves from the Cambay asset in the future. 

[bulgarian] 15/11/2018 16:03

You mean like how Degsey always got AWOL when his ramp du jour goes Pete Tong?

FPMSL.

[goodbloke1] 15/11/2018 16:02

I very much doubt they have paid.

[tutthetrader] 15/11/2018 16:01

In the RNS it says They May have paid up but who knows They may not have paid.

[smraynot] 15/11/2018 16:01

Hmmmmmmmmmmm

[goodbloke1] 15/11/2018 15:59

Interesting this Bulgarian disappeared down his rathole when the share was shooting and never heard a peep out of him.However as soon as it drops on irrational selling , he has an orgasm and surfaces .When this shoots again no doubt he will again be silent lol

[bulgarian] 15/11/2018 15:57

Come on Degsey,

You are the one making the statements. You clarify which RNS or CPR confirms your 1.x TCF PROVEN reserves and the infrastructure all being in place.

If I can't find the info, how can the poor mugs who are taking your words as gospel?

I'm sure you wouldn't want to be accused of posting false and misleading information.

That's a very BAAAD thing.

[babbler] 15/11/2018 15:57

They had to feed the 5 mil buyers. Imo. Yum yum.

[cudmore] 15/11/2018 15:56

Topped up. Ready for the next wave.

[babbler] 15/11/2018 15:54

We're going on a bear hunt... Again... Where are those damn bears..??