the latest 2 wells are flowing 500bopd and 310bopd. this has been held back. the field looks like some where between 15-25m barrels. This is on top of the other 48m barrels.
It also looks like oex has found even more oil and gas zones to be tested. I am very happy that they have decided to re enter at least 3 other old wells to tap into this zone. we get 5 wells producing 500+ barrels per day and we can see oex quickly reaching 2000bopd. This is a great result and speeds up production. Oman and Indonesia are also coming on line. 1200bopd out of Indonesia is due by the end of the year on top. I can see oex being a medium size oil producer next year. please read the announcement.dyor.
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- more excellent oil flow..
more excellent oil flow..
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