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Oilex Share Chat (OEX)



Share Price: 4.05Bid: 4.00Ask: 4.10Change: -0.175 (-4.14%)Faller - Oilex
Spread: 0.10Spread as %: 2.50%Open: 4.225High: 4.225Low: 3.90Yesterday’s Close: 4.225


Share Discussion for Oilex (OEX)


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bonker99
Posts: 12,997
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:5.13
;)
11 Apr '14
;)
 
slimjim1
Posts: 371
Off Topic
Opinion:No Opinion
Price:5.13
adamsrups
11 Apr '14
MATE, you told me about OEX on Barcs B. Just made my first £k1, with plenty more to come. Thanks a lot pal, its a lobster dinner for you when it gets to £k20. Great things to come. GLA.
BeachHut
Posts: 94
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.95
View Thread (3)
RE: Bit..
11 Apr '14
each to their own strategy, but for me I totally agree. A fair way to go before I consider taking any profit. IMHO
Theoilfinder
Posts: 1,324
Off Topic
Opinion:No Opinion
Price:4.95
View Thread (3)
RE: Bit..
11 Apr '14
They'll soon regret that imo
tintin35
Posts: 11
Observation
Opinion:No Opinion
Price:4.95
6p by 4;30pm
11 Apr '14
with TD over the weekend everyone is going to pile in here.
BeachHut
Posts: 94
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.95
Profit taking
11 Apr '14
Expect a bit of profit taking now 5p reached on the Bid ..... time for coffee and cake
liquid1
Posts: 206
Off Topic
Opinion:Strong Buy
Price:4.95
Elevated gas readings anticipated
11 Apr '14
Oilex set to enter target reservoir section in Cambay 77-H well

By Jamie Ashcroft April 08 2014, 7:30am

The rig is now preparing to drill ahead into the target reservoir section. The rig is now preparing to drill ahead into the target reservoir section.

Oilex (LON:OEX) told investors that the drilling programme for the Cambay 77-H well is now ready to enter the ‘over-pressured’ section.

Cambay 77-H has been drilled to a depth of 1,652 metres, and Oilex said the condition of the wellbore was very good.

The rig is now preparing to drill ahead into the target reservoir section. The company says elevated gas readings are anticipated.

The well is located close to Cambay 76-H which was drilled and fracked before mechanical problems caused tesing to be suspended.

Operations on Cambay 77-H has also encountered some technical difficulties, but work is now clear to resume.

"Although drilling operations have been delayed due to a substantial system failure on Essar Land Rig #4, the 12 1/4 inch hole above the reservoir is now complete and secure behind casing,” said Ron Miller, managing director.

“The successful integrated stress test of the rig systems is reassuring and we now look forward to entering the target reservoir as part of the final hole section including the 350m horizontal length which will be fracture stimulated."
Cambay 77-H will have a shorter horizontal section than Cambay 76-H, and will be completed with a conventional ‘plug-and-perf’ methodology.

http://www.proactiveinvestors.co.uk/companies/news/67439/oilex-set-to-enter-target-reservoir-section-in-cambay-77-h-well-67439.html
spudulika
Posts: 147
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.95
View Thread (3)
Bit..
11 Apr '14
of top slicing going on?
ImInTooDeep
Posts: 87
Off Topic
Opinion:No Opinion
Price:4.95
on google finance
11 Apr '14
+10% - everyone hold on to their hats (and shares), here we go!!
adamsrups
Posts: 1,277
Off Topic
Opinion:No Opinion
Price:4.95
whoosh
11 Apr '14
5.24 to buy, and I bet that gets snapped up too. see you later guys...happy days



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