OILEX

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Oilex Ltd is engaged in a very active and successful international drilling program that has provided the foundation for achievement of its first production from India and from Indonesia in Q4 2008. With its core base of assets around the rim of the Indian Ocean in Oman, India, Indonesia and Australia, oil discoveries in each of Oman, Indonesia and India have resulted from the work programs undertaken by Oilex in the past 12 months. Of those discoveries, Cambay Field, India, Pendalian Field, Indonesia and an extended production test at the Sarha discovery in Oman are anticipated to be producing oil this year.

Website:
http://www.oilex.com.au/
Phone:
+61 8 9226 5577
Address:
Level 3, 50 Kings Park Road, West Perth, Western Australia 6005.
Super Sector:
Energy
Sector:
Oil & Gas Producers
Industry:
Exploration & Production
EPIC / Symbols:
LON:OEX, ASX:OEX

Sector: Oil & Gas Producers

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OILEX RNS Press Releases
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OILEX Articles
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  • exploration, appraisal and near term production

    12/03/08

    exploration, appraisal and near term production

    A strong balance sheet and an agressive drilling program put Oilex in a good position for 2008.
  • Oilex: Australia, then India, and on to the M

    07/02/07

    Oilex: Australia, then India, and on to the M

    So from Australia to India and now to the Middle East! A consortium including Oilex (25% wi and operator) was awarded block 56 in Oman in March 2006. The block is located onshore, adjacent to producing fields operated by PDO, the Oman national oil company, in the South Oman Salt Basin, which is one of the main producing basins in Oman. Twenty structural leads have been identified but before drilling, an extensive programme of modern 2D and 3D seismic is to be shot over the block.
Proactive Newswires
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