ADX adx energy ltd
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potentially a good oil reservoir in place ???

  1. Randy Savage
    5,641 Posts.
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    19/10/11
    20:50
    Post #: 9163980
    Good quality reservoir rocks are there....potential 30m oil column is there...This from the XST announcement;

    "Samples of oil were collected from limestone reservoir rocks at a shallow depth (around 1,150 metres below the surface). These oil samples and other technical measurements, including pressure and rock properties are interpreted to indicate good quality reservoir rocks with a potential oil column approximately 30 metres in thickness".

    DYOR
    ADX Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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