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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Oilex Ld | LSE:OEX | London | Ordinary Share | AU000000OEX8 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.165 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOEX
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 rates controlled to minimise produced water.
In the Cambay field, workovers are continuing on wells C-70 and C-23z. The workover rig has completed its work on C-70 and is now working on C-23z. At C-70 water lifting has been underway prior to a possible flow test operation.
For and on behalf of Oilex Ltd
Jonathan Salomon
Managing Director
For further information, please contact:
Investor AIM Broker AIM Nominated Media Enquires Media Enquiries Enquiries Cornhill Adviser (UK) (Aus) Oilex Capital Strand Hanson Vigo Communications Citadel-MAGNUS Ltd Limited Limited Public Relations Michael Joe Salomon Broker Nominated Patrick Weir Managing Colin Rowbury Adviser d'Ancona/Chris Email: Director Email: Rory Murphy/Ritchie McMahon mweir@citadelmagnus.c Email: colinr@cornhillcapital. Balmer Email: om oilex@oilex.com.au com Email: patrick.dancona@vigoc Tel: +618 Tel: +61 Tel: +44 oilex@strandhanson.co omms.com 6160 4900 8 9485 20 3700 .uk chris.mcmahon@vigocom Australia 3200 2516 Tel: +44 ms.com Australia UK 20 7409 Tel: +44 20 3494 7830 9700 UK
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
May 12, 2017 05:10 ET (09:10 GMT)
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