Cambay Project - world-class tight reservoir potential ? Large acreage position ~40,000 acres ? Independent assessment Netherland Sewell & Associates Inc. (Oct 2011) ? 222 BCF gas and 37 MMbbl oil Unrisked Contingent Resources (2C net Oilex) ? Substantial prospective resource upside in deeper zones
sstyle,
This info has been taken from OEX's AGM Presentation, 14 Nov 12, page 15. OEX took a slight breather today down 0.5c on turnover of well over 3 million shares. It iniitally posted another significant gain today before profit takers moved in. Volumes in recent days have been massive for this stock.
OEX Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held