Oilex - OEX Stream Log

looks like teen spirit aka serious momentum.....ommmmmmmmmmmmmmm

not trading this one. Looking longer term as news flow will come soon and we will get the rush ....

target price on commercial oil...30p . Longer term with farm in to realise the potential of the field, a pound isn't unrealistic IMO. If there is as much oil as has been suggested.

nice start to the day. I think this is only the beginning. May well start getting news very soon.

if we hit commercial then 7 p will be a very very distant memory. Remember the odds here are very good as long as the well integrity remains intact .

If you look at the history surrounding the drill then you will see that the previous well failed due to pressure. They know the oil is there and don't have to hit the sweet spot with fracture stimulation. Schlumberer are on board , not some two bit outfit.

It certainly is going to be an interesting few weeks here!! Hoping for a "transformational " few weeks.

agree Stew. assuming successful frac this will multibag

yep ... 2 more weeks till I think we will get news. Not long though in the scope of things !

A bit of patience required here. News should be here in a couple of weeks to get things moving. IMO