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 low0.3500 22/12/16
52 week change 0.0750 (18.75%)
4 week volume39,202,004 27/12/16

Latest NewsMore

Oil, Gas Roundup

Regal Petroleum (LON:RPT) was the sector's biggest faller - down more than 14.6% in late trading - after it issued an updat...

Oilex options cancelled

Oilex has cancelled 1.5 million unlisted options due to cessation of employment. These comprised: - 500,000 unlisted options w...

Cancellation of Unlisted Options

RNS Number: 2964T Oilex Ltd 04 January 2017 ASX Announcement 4 January 2017 ASX: OEX AIM: OEX Cancellation of Unlisted Options Oilex Ltd wishes to advise the cancellation of the following unlisted options due to cessation of employment: 500,000 unlisted options with an exercise price of $0.25 and an expiry date of 27 June 2017 500,000 unlisted options with...

Oil, Gas Roundup

Xtract Resources (LON:XTR) was the sector's top riser - up more than16.6% in late trading - after it confirmed it has raised...

Appendix 3Y J Salomon

RNS Number: 1763S Oilex Ltd 19 December 2016 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 Am...

Appendix 3B - Issue of Retention Rights

RNS Number: 1761S Oilex Ltd 19 December 2016 ASX Announcement 19 December 2016 ASX: OEX AIM: OEX Issue of Retention Rights Oilex Ltd (the Company) wishes to advise that it has issued 2,000,000 retention rights to Mr Jonathan Salomon pursuant to shareholder approval at the Company's Annual General Meeting held on 23 November 2016. These retention r...

Oilex to take additional stake in Cambay

Oilex Ltd has participated in a formal tender process submitting a conditional offer for an additional 55% interest in the C...

Oil, Gas Roundup

LGO (LON:LGO) has raised 1.18 million, before expenses, through a placing of 984,600,000 new ordinary shares at 0.12p per ...

Latest discussion posts More

  • Re: Oilex tenders for additional 55% of ...

    Only time will tell here but given the difficulty OEX have had in getting back the money owed without majority control on where they drill and the programme of work. OEX ...
    13-Dec-2016
    HPC Follower
  • Re: Oilex tenders for additional 55% of Camb...

    If it is so good Why does GSPC want to get rid of it ?????,and if Oilex are successful in bidding for it,, did any one else want it????. I can not see anything positive in ...
    13-Dec-2016
    MR NIEVE
  • Oilex tenders for additional 55% of Cambay

    I view todays announcement (see below) as a positive for Cambay's potential and Oilex. "Oilex tenders for additional 55% interest in Cambay PSC Oilex Ltd (the Company) is ...
    13-Dec-2016
    Joatmon

Users' HoldingsMore

Users who hold Oilex Ltd also hold..
RANGE RES.19%
ID:ISIN:VGG9828A119416%
LLOYDS GRP.16%
BP13%
GULF KEYSTONE12%

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