BG
You are absoluely right about the mega potential.
We are looking at continuous drilling now in India & Oman and the recent results in Indonesia have led to a commercial oilfield at Pendalian.
India (Cambay) is low risk but massive upside not only in oil but gas as well & a ready industrial market nearby.
In Oman the targets are higher risk but the two western wells will offset existing oil production & the proposed eastern well is a 100m+ b oil more wildcat target.
Not to mention other australian/indian /timor este permits progressing nicely with seismic ops & proposed drilling.
I can't understand why the market is overlooking the potential of Oilex at present but it won't be long imo before they have to see it.
good luck
belfast
- Forums
- ASX - By Stock
- SYN
- announcement proves mega oil potential....
announcement proves mega oil potential...., page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)