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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Oilex Ld | OEX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.165 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.165 |
| Top Posts |
|---|
Posted at 14/4/2022 08:24 by genierub Roland rolling in with his 5M block buys. Going back up.The thing investors are not thinking is this is now a massive gas producing company and need the funds to become a producer in India. Why the hell wouldnt you be buying ahead of the production. Massive opportunity here. See you at 1p. |
Posted at 13/4/2022 10:08 by daveparker18 Lack of rnsWay too much selling for it to be private investors sellingThink Roland will announce a placing and then try and make out it's allGood |
Posted at 07/2/2022 09:28 by helenm13 Aim investor on Twitter #OEX there is no placing anytime soon. The mention of "subject to funding" has allowed opportunists to spread their scare tactics. #OEX are funded for refrac of C77 and commencement of production. JV will be the funding route for the new wells. Ignore the noise, join the dots. |
Posted at 30/1/2022 15:56 by josephrobert That's a fair amount of text Transact201830 Jan '22 - 13:57 - 428 of 428If I can add to that I would suggest that there is a misunderstanding on the flow rate of 77 and 73. I quick look at the history of 77H will show an intial flow rate which vanished to next to nothing. For example 'Cambay-77H During the quarter, the Company completed the workover at Cambay-77H which included replacement of the frac tree with a production tree and installation of production tubing. Since restarting production, Cambay-77H has gradually increased from 51 boepd. The initial average production rate for 10 days (IP10) was 71.5 boepd and average IP10 condensate gas ratio (CGR) was 92.5 bbls/MMscf. Production for 30 days was achieved on 4 January 2016 and Cambay-77H averaged 70 boepd, meeting the buyer's demand, with an average tubing head pressure of 1,851psig and the CGR remained stable averaging 90 bbls/MMscf. With further production, it is still expected that the CGR may decrease to the anticipated 40-50 bbls/MMscf as the tubing head pressure decreases..' They produced a lot more oil than expected due to the unsucessful frac. They drilled for gas and got oil, and they don't want oil - they dodn't have the infrastructure for that. The pre frac production is uncommercial; it will burn cash not add. I think we also need to make clear that if the 77 refrac is successful with kicking out commercial returns based on the expected future cost of a horizontal drill i.e. the 3-5 mmscfd then we then prepare for two drills in the second half. If the refrac is not successful then we can't show to investors a possibility of a commercial return. It either works or it doesn't, it is an almost binary outcome - we are either worth a lot more than we are now, of maybe the same if we are lucky. It may make sense to look towards the steps needed for the refrac rather than something which may or or may not happen until we get a sucessful result from the refrac. Other than that the other driver of the share price will be the GOIs 'rubber stamp'. Hope it helps somewhat to explain why the share price is at current levels. GLAH |
Posted at 20/9/2021 17:32 by ashleyjv "UK stocks ended Monday deeply in the red on a toxic mix of growth concerns and contagion risks from the implosion of Evergrande, China’s biggest property lender.Investor skittishness will likely remain ahead of Wednesday’s monetary policy meeting of the Federal Reserve where the US central bank will give its latest views on the economy and its emergency stimulus programme" |
Posted at 20/9/2021 12:09 by h2owater htTps://twitter.com/ |
Posted at 03/8/2021 09:27 by zxie This terrible people used chart Misleading investors TheaviatorMember since: 13 Jul 2017 |
Posted at 29/7/2021 19:16 by zxie Ashley Do you mean I caused the drop? Not I can't. is Investors agree with TRO risks |
Posted at 27/7/2021 15:55 by zxie Many investors move their funds these days. You know happen |
Posted at 21/7/2021 10:00 by ashleyjv It's the best time to buy. Most investors know that there is going to be a few weeks wait before this share hits the roof so they are not jumping in right now, this means you can accumulate at this very low price. Buy Buy Buy. |
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