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.

Major Shareholders

Shares in issue: 1,493,767,514
Last updated: 2015-12-22 03:00:03
InvestorNo. of Ordinary SharesPercentage
Magna Energy119,698,09617.66 %
Barclayshare Nominees48,002,9847.08 %
TD Direct Investing31,022,4974.58 %

Oilex News

Latest NewsMore

Oilex issues Cambay production update

Oilex Ltd said gas production has re-started from C-77 at the Cambay Field. It said gas production had restarted at a rate of...

Cambay Production Update - C-73 and C-77

RNS Number: 9069F Oilex Ltd 23 May 2017 ASX Announcement 23 May 2017 ASX: OEX AIM: OEX Cambay Production Update - C-73 and C-77 Oilex Ltd (the Company) is pleased to announce that gas production has re-started from C-77 at the Cambay Field. Gas production has restarted at a rate of 250MSCFD from the Eocene with flow rates at current contracted...

Tranche 2 Unlisted Options Issued

RNS Number: 8080F Oilex Ltd 22 May 2017 ASX Announcement 22 May 2017 ASX: OEX AIM: OEX Tranche 2 Unlisted Options Issued Oilex Ltd (the Company) is pleased to advise that it has today issued 190,535,385 unlisted options to participants in the Tranche 2 placement. This allotment includes the shareholder approved issue of 190,353,385 unlisted options on 3 Ma...

Bhandut and Cambay Updates

RNS Number: 9912E Oilex Ltd 12 May 2017 ASX Announcement 12 May 2017 ASX: OEX AIM: OEX Bhandut and Cambay Updates Oilex Ltd (the Company) is pleased to announce that gas production has re-started at the Bhandut Field after being shut-in for 7 months due to increased water production. Gas production has restarted at a rate of 150MSCFD with flow r...

Results of 3 May 2017 General Meeting

RNS Number: 9809D Oilex Ltd 03 May 2017 ASX Announcement 3 May 2017 ASX: OEX AIM: OEX Results of General Meeting Oilex Ltd advises the results of its General Meeting held today. All resolutions put to Shareholders were passed by a show of hands. Proxy Voting In accordance with Section 251AA of the Corporations Act, the proxy votes and number of sha...

Quarterly Report 31 March 2017

RNS Number: 6799D Oilex Ltd 28 April 2017 oilex ltd MARCH 2017 QUARTERLY REPORT HIGHLIGHTS CAMBAY FIELD, ONSHORE GUJARAT, INDIA Oilex received partner and government approval for a revised work programme taking advantage of a lower cost opportunity to analyse core data from existing well C-23z and carry out two workovers. Proc...

Mobilisation of Workover Rig at Cambay

RNS Number: 6786D Oilex Ltd 28 April 2017 ASX Announcement 28 April 2017 ASX: OEX AIM: OEX Mobilisation of Workover Rig at Cambay Oilex Ltd (the Company) is pleased to announce that the workover rig has been mobilised to C-70 at the Cambay PSC (Cambay). The Company plans to complete workovers of two wells, C-70 and C-23z, during May 2017. T...

Oilex awards key contracts for Cambay-23z

Oilex Ltd has announced the award of two key contracts to Schlumberger and Baker Hughes as part of its 2017 work prog...

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

Oilex is a subscriber to our Interface Investor relations service. For more information on Interface follow the link.

Company Information

Company Address

Level 1, 660 Newcastle Street
Leederville WA 6902
Australia 

Ticker SymbolOEX (LSE:OEX)
Country of IncorporationAustralia
Company NumberABN 50 078 652 632
MarketAIM
SectorExploration & Production
Company Websitewww.oilex.com.au
Social Media 

Company Advisors

Investor & Public Relations

Tavistock Communications
76 Cannon Street
London
EC4N 6AE

UK Nominated Advisor & Broker

RFC Ambrian Limited
Old Change House
128 Queen Victoria Street
London
EC4V 4BJ

UK Registrar

Computershare Investor Services PLC
PO Box 82
The Pavillions Bridgewater Road
Bristol
BS13 8AE

ASX Nominated Advisor & Broker

D J Carmichael Pty Ltd
Level 3, 216 St. George's Tce
Perth WA 6000 

Australian Registrar

Security Transfer Registrars Pty Ltd
770 Canning Highway
Applecross WA 6153
Australia 

Auditors

KPMG
235 St Georges Terrace
Perth WA 6000
Australia