SYN synergia energy ltd

this looks like a good well..., page-3

  1. 13,252 Posts.
    This test well won't go on to be a producer billy if as they say it has multiple gas zones they will only wire log test it. the would be far better off drilling a horizontal well for the gas, there may may be oil but because of the bad frac we won't really know to much except type and the API and reservoir depth of the hydrocarbons. While technically this is a good result and this sort of field exploration must be done, I just have the feeling that a lack of understand of what is trying to be achieved with this program in India is not being relayed to the market.
    While I am sure some are out there expecting oil to flow the actual reasoning of this type of exploration drilling program has been lost on many, and the reason why this sort of drilling is being done is lost on the overall market through lack of communications by OILEX. I know for a few that a little note on what is being achieved and the reasoning for the testing and what they hope to achieve probably would go a long way in gaining OEX that extra support. As sometimes just letting the market decipher what your saying is not a good thing for any company, even though I do believe oilex is going great and achieving Technically a lot. The man in the street is not going to invest in anything they don't understand maybe a wake up call for management is needed.
 
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