Recent content by Alporfavor

A lukewarm response to todays announcement, any thoughts guys? Highlights: - NWZ 2 workover complete, hydrocarbons have been confirmed at the Jurassic XIII and oil samples gathered. - Production logging indicates an expected flow rate from the well at ~ 400 to 500 bopd when in full...

For some reason i can't edit my last post so I'll continue here... I'm happy with the announcement as at least there shall be some progress made this quarter and that the "minimum exploration programme requirements necessary to maintain the permits in good standing" will be completed (though...

Yes I'm happy with the news as well. But I don't think that the SP will spike massively on Monday (hope I'm wrong though :)). I'll be happy if it can hold 16c.

Re: OEX - Oilex I was expecting a bit of a drop in SP too, and was hoping to grab a few more on the cheap, but happy with the nice rise today. Has the price held up because of the imminence of the drilling?

Re: OEX - Oilex 23c seems about the mark for this type of thing from what I've seen elsewhere. It'd be unlikely that there would be much institutional interest at a much higher price than this considering we've been trading at around 26c recently. It's always a slap in the face to us holders...

Re: OEX - Oilex Hi BESBS Player, Would a BESBS play involve exiting your position in the stock before the first well is drilled if there are multiple targets in an upcoming campaign? I'm guessing that there's no simple black and white answer but I'm just curious about this approach.

Re: OEX - Oilex I expected that this announcement would have generated more interest from the market, but I guess that people a willing to wait until closer to the actual drilling before acting. Btw I'm very new to the game so I don't really know much.