Oilex reports progress on India re-fraccing
23rd Jun 2022 12:15
(Sharecast News) - Oilex updated the market on its operations in India on Thursday, reporting that the workover rig arrived at the C-77H wellsite on 20 June.
Read moreOilex updates volumes and reserves at Cambay
27th May 2022 10:53
(Sharecast News) - Oilex updated the market on the reclassification of Cambay gas and condensate volumes to reserves on Friday, and an increase in resources.
Read moreOilex signs up Schlumberger for Cambay re-fracking
14th Apr 2022 14:06
(Sharecast News) - Oilex updated the market on its operations in India on Thursday, in particular the Cambay field.
Read moreOilex working to resolve local authority dispute at Cambay
4th Apr 2022 12:04
(Sharecast News) - Oilex updated the market on its operations in India on Monday, after local authorities put the kibosh on the restart of operations at the Cambay field.
Read moreOilex flags liquidity-related delays to shareholder parcel facility
30th Nov 2021 12:18
(Sharecast News) - Oilex updated the market on its unmarketable parcel facility on Tuesday, which it had set up for shareholders on 7 September.
Read moreOilex taps Colin Judd for CFO role
2nd Jul 2021 09:21
(Sharecast News) - Exploration and development firm Oilex named Colin Judd as its new chief financial officer on Friday, succeeding Mark Bolton.
Read moreOilex dusts hands of Bhandut contract in India
28th May 2021 09:10
(Sharecast News) - Oilex announced on Friday that the sale of its 40% participating interest in the Bhandut production sharing contract in India had now been completed, following the receipt of $0.29m from the buyer.
Read moreIndia government approves Oilex work programme at Cambay
23rd Apr 2021 10:13
(Sharecast News) - Oilex announced on Friday that the government of India has approved the Cambay PSC work programme and budget for the 2021-2022 Indian financial year.
Read moreOilex extends repayment on series D facility, raises another £0.35m
15th Mar 2021 09:21
(Sharecast News) - Oilex has entered into an amendment agreement to vary the repayment obligations for its series D loan funding facility of £0.23m, it announced on Monday.
Read moreOilex extends loan repayment date to March
24th Dec 2020 12:23
(Sharecast News) - Oilex has entered into an amendment agreement to vary the repayment obligations for its series C loan of £0.125m, it announced on Thursday.
Read moreOilex settles dispute with East Timor petroleum authority
7th Aug 2020 08:22
(Sharecast News) - Oilex announced on Friday that it has executed a deed of settlement and release with the Autoridade Nacional Do Petróleo E Minerais (ANPM) in East Timor, to terminate the ongoing arbitration proceedings arising from the termination of the production sharing contract by the ANPM in 2015, and settle all claims and counterclaims between the parties.
Read moreOilex makes 'substantial progress' towards restarting at Pendalian
27th Jul 2020 15:31
(Sharecast News) - Oilex said on Monday that "substantial progress" has been made towards its objective to regain a participating interest in the West Kampar production sharing contract (PSC) in Indonesia.
Read moreOilex makes progress with Bhandut sale
29th Jun 2020 14:20
(Sharecast News) - Oilex announced on Monday that the sale of its 40% participating interest in the Bhandut production sharing contract (PSC) has "substantially" progressed.
Read moreOilex deal with Doriemus falls through
28th Apr 2020 09:46
(Sharecast News) - Oilex told shareholders on Tuesday that an agreement with Doriemus to reach an alternative agreement over the proposed purchase of Oilex's interests in the Cooper Basin by Doriemus has not been reached.
Read moreOilex shores up cash-on-hand as market conditions worsen
16th Mar 2020 11:20
(Sharecast News) - Oilex has undertaken a number of "decisive steps" to proactively position it in response to the "challenging" trading conditions in the upstream oil and gas sector, together with volatile capital markets in general, it announced on Monday.
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