News from all fronts should hit the ASX by the end of the month.
Cambay 57 workover well. Im hoping Oilex can have up to 2000 barrels a day from Cambay come end of the year. Oil storage constraints are just about sorted out and we should hear news on this any day I feel.
Indonesia still progressing. We need this one sorted out ASAP. Been far too long in the making.
I'm really looking forward to news from Timor seismic results. This could be huge IMO.
I understand the selling that has taken place over the last few months. Investors have given this company plenty of time to deliver and they have not lived up to expectations. I will ride this out and back my research and long term intial approach.
Delays and mixed news is expected in the oil game.
The amazing thing about the oil game is our fortunes can turn within a blink of an eye given some luck and the SP could be up up and away.
Im confident OILEX will finally get its act together and deliver the long awaited results.
OEX Price at posting:
20.5¢ Sentiment: ST Buy Disclosure: Held
