Oilex Ltd (OEX)

 

Oilex

Oilex Ltd is an oil and gas exploration and production company focused on onshore unconventional opportunities around the Indian Ocean Rim. The Company’s principle assets are a near term production project in India and an early stage exploration project located in the Canning Basin, North West Australia.

The Company is led by an experienced and disciplined management team who combine considerable expertise across the oil and gas sector with a deep technical understanding of unconventional resource exploration and production.

Located in the State of Gujarat, India, the Cambay project is the Company’s flagship asset. With significant potential, in 2011, NSAI estimated gross unrisked 2C Contingent Resources of 167MMboe. The successful commercialisation of the Cambay Field will allow Oilex to capitalise on the large and growing natural gas supply-demand gap in the state of Gujarat.

OEX Share PerformanceMore

52 week high1.4875 08/04/16
52 week low0.2500 16/03/17
52 week change -0.3100 (-51.67%)
4 week volume221,295,852 27/02/17

Latest NewsMore

Appendix 3B Issue of Shares and Section 708 Notice

RNS Number: 4087A Oilex Ltd 24 March 2017 ASX Announcement 24 March 2017 ASX: OEX AIM: OEX Issue of Tranche 1 Placement Shares and Section 708A(5)(e) Notice Oilex Ltd (the Company) is pleased to advise that it has issued 271,230,456 of the Tranche 1 shares pursuant to the 1.1 million (approximately A$1.78 million) capital raising announced on 16 March 2...

Appendix 3B

RNS Number: 7834Z Oilex Ltd 17 March 2017 ASX Announcement 17 March 2017 ASX: OEX AIM: OEX Issue of Shares Oilex advises that it has issued 2,000,000 ordinary shares pursuant to the conversion of Retention Rights upon Mr Jonathan Salomon's employment with the Company being extended. The issue of the Retention Rights was approved at the Company's...

Appendix 3Y J Salomon

RNS Number: 7827Z Oilex Ltd 17 March 2017 Appendix 3Y Change of Director's Interest Notice LRule 3.19A.2 Appendix 3Y Change of Director's Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public. Introduced 30/09/01 Amen...

Managing Director - Contract Extension

RNS Number: 7816Z Oilex Ltd 17 March 2017 ASX Announcement 17 March 2017 ASX: OEX AIM: OEX Managing Director - Contract Extension Oilex Ltd is pleased to announce that Mr Jonathan Salomon term as the Managing Director of the Company has been extended by a further one (1) year with immediate effect. Mr Salomon has over 30 years of experience i...

Reinstatement to Official Quotation

RNS Number: 6211Z Oilex Ltd 16 March 2017 AIMAnnouncement 16 March 2017 ASX: OEX AIM: OEX Reinstatement to Official Quotation Oilex Ltd (the Company) advises that the ASX suspension of trading in the securities of the Company has been lifted immediately following the release of the capital raising announcement. For an on behalf of Oilex Ltd Mark B...

Interim Report 31 December 2016

RNS Number: 6216Z Oilex Ltd 16 March 2017 OILEX LTD ABN 50 078 652 632 INTERIM REPORT 31 DECEMBER 2016 CONTENTS Directors' Report..............................................................................................................................................................................1 Auditor's Independence Declaration.................................................................................................................................................4 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income.....................................................

Oilex secures funding for Cambay work programme

Oilex has agreed a capital raising, through the issue of 488,888,888 new ordinary shares, to secure funding of approximately...

Placement to Fund Cambay Work Programme

RNS Number: 5418Z Oilex Ltd 15 March 2017 ASX Announcement 15 March 2017 ASX: OEX AIM: OEX Placement to Fund Cambay Work Programme Two Tranche Placement to raise approximately 1.1 million (A$1.78 million) Funds to be used towards delivering the Cambay PSC 2017 Work Programme Cornhill Capital Limited to be appointed as Company AIM Br...

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Users' HoldingsMore

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RANGE RES.18%
LLOYDS GRP.15%
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GULF KEYSTONE11%

Ron Miller, Oilex's Managing Director, tells the Oilex investment story at our Apr 2013 Interface event.