waiting for cambay spud and canning sell down, page-5

entry and exit ,

Quote "I'd like to see these guys spending the money - on getting after these 2 objectives as quickly as the regulatory regimes allow. "


Do you honestly think that it is Oilex who are dragging their heals on the Cambay stuff ?

Oilex have hardly any control on the speed bureaucracy runs in India so why should a delay in spud date be accompanied with a shakeup of the team or management ?

As for the Canning , Oilex spotted a half-graben everyone else missed and then they secured the award for the part of it they didn't have .

They should be applauded for turning themselves into more than a one trick pony .

I'll be very surprised if Oilex are considering operating long term in India . Their Indian partner may well be the best choice of farm in for the Walal Graben and about the only leverage Oilex have over the Indians .


Most of the things you ask for are outside Oilex's control .