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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Synergia Energy Ltd | LSE:SYN | London | Ordinary Share | AU0000233538 | 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% | 0.1225 | 0.12 | 0.125 | 0.1225 | 0.1225 | 0.1225 | 39,183,720 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 1.3M | -5.38M | -0.0006 | -2.00 | 10.1M |
TIDMOEX
RNS Number : 2110A
Oilex Ltd
17 January 2020
ASX-RNS Announcement
17 January 2020
ASX: OEX
AIM: OEX
Update on Cambay Sale Process
Oilex Ltd (Oilex or the Company) advises that Gujarat State Petroleum Corporation (GSPC) has now opened the bids received for the sale of its 55% participating interest (PI) in the Cambay PSC. The sale process being conducted by GSPC, which is internal and confidential, is pursuant to the settlement agreed between Oilex and GSPC as announced on 9 September 2019.
Oilex understands that a preferred bidder has been identified by GSPC, which will be invited by GSPC to finalize negotiations before seeking applicable regulatory approvals in India. The Company will update the market once further information on the GSPC sale process becomes available.
Oilex holds a first right of refusal where GSPC disposes of its 55% interest in the Cambay PSC.
For and on behalf of Oilex Ltd
Joe Salomon
Managing Director
For further information, please contact:
Investor AIM Broker AIM Nominated Media Enquires Media Enquiries Enquires Novum Securities Adviser (UK) (Aus) Oilex Ltd Broker Strand Hanson Vigo Communications Citadel-MAGNUS Joe Salomon Colin Rowbury Limited Public Relations Michael Weir Managing Email: Nominated Adviser Patrick Email: Director crowbury@novumsecurities. Rory Murphy/Ritchie d'Ancona/Chris mweir@citadelmagnus. Email: com Balmer McMahon com oilex@oilex.com.au Tel: +44 20 Email: Email: Tel: +618 Tel: +61 7399 9427 oilex@strandhanson.c patrick.dancona@vigo 6160 4900 8 9485 3200 UK o.uk comms.com Australia Australia Tel: +44 20 chris.mcmahon@vigoco 7409 3494 mms.com UK Tel:+ 44 20 7390 0230 UK
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDEALFXFEFEEFA
(END) Dow Jones Newswires
January 17, 2020 09:05 ET (14:05 GMT)
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