Oilex Ltd advises that its General Meeting will be held at the Park Business Centre, 45 Ventnor Avenue, West Perth, Western Australia on Thursday 19 September 2019 at 10.00 am AWST.. 45 Ventnor Avenue, West Perth. Western Australia on 19 September 2019 at 10.00 am.
JPDA Arbitration- Counterclaim for US $23.3 million. The Company announces it has today submitted the Respondents First Memorial to the International Chamber of Commerce in Singapore. In this regard, following a substantive legal and independent expert review, the joint venture has lodged a counterclaim against the ANPM for the amount US $23.3 million as...
RNS Number: 1538 J Oilex Ltd 15 August 2019 ASX Announcement. Notice of Change of Interests of Substantial Holder. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Oilex Ltd (OEX) 0.2p £6m Oilex Ltd has entered into an agreement with Perseville Investing Inc and Terra Nova Energy (Australia) Pty Ltd (TNA) (collectively, TNP) to acquire up to a further 51.4997% interest in the Petroleum Exploration Licenses (PELs) 112 and 444 licenses (in the world class Cooper-Eromanga Basins in South Australia.
Oilex Limited (OEX.L) Announced that the company has entered into an agreement with Perseville Investing Inc and Terra Nova Energy Pty Ltd (collectively, TNP) to acquire up to a further 51.4997% interest in the Petroleum Exploration Licenses (PELs) 112 and 444 licenses in the world class Cooper-Eromanga Basins in South Australia. Pursuant to the share purchase agreement entered into with TNP today, the company will acquire a further participating interest of 30.833% in the Licenses for consideration of 9,166,333 ordinary shares in the company at a deemed price of 0.3c and AUD$65,000 in cash for a total consideration of AUD$92,499. In addition, it has been granted an Option by TNP for up to 15 months to acquire a further 20.6667% participating interest in the Licenses.
RNS Number: 0079 J Oilex Ltd 14 August 2019 ASX& AIM Announcement. Re: Issue of Consideration Securities for Cooper-Eromanga Basins Acquisition. Oilex Ltd advises that it has today issued 9,166,333 ordinary shares at a deemed price of A $0.003 per share pursuant to the agreement with Terra Nova Energy Pty Ltd and Perseville Investing Inc to acquire a further...
Oilex Ltd is pleased to announce that it has entered into an agreement with Perseville Investing Inc and Terra Nova Energy Pty Ltd to acquire up to a further 51.4997% interest in the Petroleum Exploration Licenses 112 and 444 licenses in the world class Cooper-Eromanga Basins in South Australia.. Pursuant to the share purchase agreement entered into with TNP...
RNS Number: 8421 I Oilex Ltd 13 August 2019 ASX& AIM Announcement. Oilex Ltd advises that it has issued 257,329,999 ordinary shares at 0.13 pence per share in regard to the £334,529 equity capital raising as announced on 31 July 2019.. ASX Listing Rules, AIM Admission and Total Voting Rights.
RNS Number: 8372 I Oilex Ltd 13 August 2019 AIM Announcement. Oilex Ltd advises that it has requested and been granted a trading halt on the Australian Stock Exchange effective from 13 August 2019, refer below. The acquisition, should it complete, would be deemed a Substantial Transaction pursuant to the AIM rules..
Oilex Limited (OEX.L) Announced that it has entered into an agreement with Holloman Energy Corporation (HEC) to acquire its 48.5003% interest in the PEL 112 and 444 license (the Licenses) in the world class CooperEromanga Basins in South Australia. The Licenses are held in two Petroleum Exploration Licenses (PELs) located in the South Australia section of the Cooper-Eromanga Basins. Both blocks are located on extensions of the Western Flank oil fairway, the most important recent contributor to oil production in the Cooper Basin. Pursuant to the share purchase agreement entered into with HEC, the company will acquire 100% of its wholly owned subsidiary, Holloman Petroleum Pty Ltd (HPPL) for gross consideration of 40,416,917 ordinary shares in the company at a deemed price of 0.3 cents and A$24,250 for a total consideration of A$145,500.
Oilex Ltd is pleased to announce that it has entered into an agreement with Holloman Energy Corporation to acquire its 48.5003% interest in the PEL 112 and 444 license in the world class Cooper-Eromanga Basins in South Australia.. Pursuant to the share purchase agreement entered into with HEC, the Company will acquire 100% of its wholly owned subsidiary,...
Oilex Ltd advises of a correction to yesterday's announcement titled "Equity Capital Raising of £0.34 Million".. The release stated in the first paragraph on page one that "… new shares at 0.13 pence per share." The release should have said "… at 0.13 pence per share.
RNS Number: 3432 H Oilex Ltd 31 July 2019. JUNE QUARTERLY REPORT 2019 HIGHLIGHTS CAMBAY FIELD, ONSHORE GUJARAT, INDIA » The Company's plans for the 2019-20 work programme and budget to drill up to two vertical wells are well advanced. BHANDUT FIELD, ONSHORE GUJARAT, INDIA » The Bhandut Field remains on care and maintenance..
RNS Number: 3414 H Oilex Ltd 31 July 2019. Equity Capital Raising of £0.34 Million. Oilex Ltd is pleased to announce that it has arranged an equity capital raising to secure funding of £0.34 million through the placing of 257,329,999 new shares at 0.13 pence per share..
Oilex Ltd is pleased to advise that it has entered into an amendment agreement to vary the terms of its loan funding facility of A $330,000 entered into on 26 July 2018.. In addition, the Company will issue 124,060,150 new options to the lenders at an exercise price of $0.00266. Option Exercise Price: A $0.00266 per option.
RNS Number: 6858 C Oilex Ltd 19 June 2019 Appendix 3 Y. Change of Director's Interest Notice. Appendix 3 Y Change of Director's Interest Notice.
RNS Number: 5422 C Oilex Ltd 18 June 2019. Issue of Shares and Section 708 A Notice. These new ordinary shares were issued at a price of AUD $0.004 per ordinary share..
RNS Number: 5766 C Oilex Ltd 18 June 2019 Appendix 3 Y. Change of Director's Interest Notice. Appendix 3 Y Change of Director's Interest Notice.
RNS Number: 0552 B Oilex Ltd 04 June 2019 AIM Announcement. Oilex Ltd advises that it's registered and principal office address has changed to:. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
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Company Profile

Oilex’s strategy is to use its extensive technical and commercial expertise to explore, appraise and develop petroleum resources around the Indian Ocean Rim to meet growing energy demands in the region.

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HQ
Level 2
11 Lucknow Place
West Perth
Perth
6005
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