Oilex Ld Share Discussion Threads

[sellsell] 09/4/2022 12:20

Roland has said the field will be developed by way of a farm in . That's great for shareholders as any dilution will be limited. Fantastic

[ashleyjv] 09/4/2022 10:48

News incoming!

Oilex Ltd
@oilexltd
Back on production, selling gas to the local grid (India) RNS mentioned the Cambay C-77H refract #OEX will update at the beginning of next week

[letmepass] 08/4/2022 21:46

wait for the drop then add again. sellers clearly present and another fundraise coming.

[billthebank] 08/4/2022 20:22

Great interview!!!

[cool hand kev] 08/4/2022 13:25

I’m sorry about that 😢

[demark] 08/4/2022 13:18

these 5m block trades have clearly
been dictating the direction of travel!

[firestorm911] 08/4/2022 12:59

It seems all the good news is priced in.

Perhaps I have another 6m in the next rinse and repeat.

GLA Genuine Gamblers.

[arlington chetwynd talbott] 08/4/2022 11:51

Hopefully news on signing letters of intent with frac suppliers really is imminent this time.

[neversatisfied] 08/4/2022 11:46

Yes the refrac in the title is a little mis-leading but possibly more to do with being a lazy update and not thinking about the heading. This being a general heading for the whole project. The RNS does states gas sales commenced and the general excitement of increased prices for that gas. Pretty sure this is just a case of the flange being removed, waiting for the initial build up to flow through and then monitor the general flow rate to give the market a better more accurate understanding of the flow rate and income potential. May even get another RNS this afternoon but more likely Monday I'm guessing. Pretty sure onwards and upwards from here though.

[billthebank] 08/4/2022 11:19

So where is the refrac update? Did they forget to put it on the RNS and we will get another RNS?

[tidy 2] 08/4/2022 11:02

Being tight rock refrac is essential we know.

[ashleyjv] 08/4/2022 10:52

I thought the original plan was to let these 2 wells pump without fracking and then drill more wells and frac all of them

[tidy 2] 08/4/2022 10:32

Odd it mentions refrac update in the title but no refrac info in the RNS.

[arlington chetwynd talbott] 08/4/2022 10:09

But the re-frac is nothing to do with the initial re-start flow rate or what it settles down to. Misleading heading.

[tidy 2] 08/4/2022 10:09

Interview inbound and commercial flows

[joemillion] 08/4/2022 10:08

Resistance is futile.

[neversatisfied] 08/4/2022 10:05

Maybe waiting for flow to settle before updating on flow rate. Expect another RNs early next week.

[tidy 2] 08/4/2022 09:56

Try get a few more around 0.26 then maybe.

[letmepass] 08/4/2022 09:54

700 million shares to churn through before next placing.

[l2e] 08/4/2022 09:54

Is previous support 24.5?

[demark] 08/4/2022 09:54

currently capitalised @£23m
and even @1p share price it would be £72m

too many stale bulls in oex,
in my opinion.

mms might move the share price up
significantly to find a new
trading band!!!!

[arlington chetwynd talbott] 08/4/2022 09:53

Where is the C-77H Re-frac update promised by the title of that RNS?

[bigpecs] 08/4/2022 09:50

The last thing I would do is sell., bloody awesome rns plus the oex interview later today.. gas prices have doubled which will increase our cash flow, onwards and upwards.... in my opinion sky's the limit

[tidy 2] 08/4/2022 09:48

Gas prices doubled and only 20m cap.

[joemillion] 08/4/2022 09:45

Boooooommmm.....