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| 24hGold - Publicnow |
| Quarterly Quarterly Report June 2016 |
| Jul 29, 2016[Attachment]
HIGHLIGHTS
CAMBAY FIELD, ONSHORE GUJARAT, INDIA
Oilex reaffirms its commitment to unlocking the multi TCF in-place tight gas potential in its onshore Cambay Block.
Planning underway to complete a vertical well with the dual objective of developing un-depleted OS-II sand and to obtain core samples from the EP-IV Zone reservoir for drilling and stimulation studies.
Gas sales from Cambay-77H continue with an average gas production rate for the quarter of 152,000 scFriday, July 29, 2016 |
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| 24hGold - Publicnow |
| Oilex Investor Presentation - June 2016 |
| Read this announcement
Click here to read the original version at the source's official website. The text of this announcement is not available at the moment.Monday, June 27, 2016 |
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| 24hGold - Publicnow |
| Oilex Corporate Update - 24th June 2016 |
| Jun 24, 2016
Oilex maintains focus on unlocking Cambay's multi TCF onshore gas resource potential
Plans for new EP-III/IV vertical well underway
Cambay Resource Update
Oilex Ltd (the Company) reaffirms its commitment to unlocking the multi TCF in-place tight gas potential in its onshore Cambay Block, Gujarat state India. The Company is at an advanced stage in completing a detailed working plan to take the Cambay project forward and the results to date support a vertical well targetingMonday, June 27, 2016 |
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| 24hGold - Publicnow |
| Appointment of Chief Financial Officer and Company Secretary |
| Jun 10, 2016
Oilex Ltd is pleased to announce the appointment of Mr Mark Bolton as Chief Financial Officer (CFO) and Company Secretary, with effect from 10 June 2016.
Mark has worked as CFO and Company Secretary for a number of resource companies since 2003. Prior to that he worked with Ernst & Young stepping down as Executive Director in Corporate Finance. Mark has a Bachelor of Business Degree in Accounting and Finance. His strengths are in the commercial management and financing of resource Friday, June 10, 2016 |
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| 24hGold - Publicnow |
| Zeta Legal Proceedings Settlement |
| Jun 08, 2016
As previously announced, Oilex Ltd (Oilex or the Company) has been engaged in discussions with Zeta Resources Limited (Zeta) to explore options for a commercial resolution of the legal proceedings between the parties.
Oilex is pleased to announce that it has now reached agreement with Zeta that ends the legal proceedings between the parties. The terms of the settlement are that each party will no longer pursue its claim against the other, with the legal proceedings to be dismissed Wednesday, June 8, 2016 |
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| 24hGold - Publicnow |
| Executive Management Changes |
| May 24, 2016
Oilex Ltd advises that Chief Financial Officer (CFO) and Company Secretary Mr Chris Bath has resigned from the Company with immediate effect. Mr Cathal Smith has been appointed as interim Company Secretary effective immediately. Mr Smith is retained by Oilex and has served in the capacity of Legal Counsel & Commercial Manager for the last 3 years including a period as interim Company Secretary. During the intervening period while a replacement is being appointed, commercial and admiTuesday, May 24, 2016 |
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| 24hGold - Noodls |
| India Operations Update - 21 December 2015 |
| Dec 21, 2015
l Cambay-77H produced ~715 boe during first 10 days, ~2.7MMscf gas and 252 bbls of condensate l Cambay-77H gas sales averaged ~0.267MMscfd with a maximum peak rate of 0.572MMscfd l The Bhandut-3 well and the associated gas production facilities are ready for start-up
Oilex Ltd is pleased to provide the following update:
Cambay-77H
Since restarting production, the Cambay-77H initial average production rate for 10 days (IP10) was ~71.5boepd. Although demand for gas fluctuates on a Sunday, December 20, 2015 |
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| 24hGold - Noodls |
| Zeta Legal Proceedings Update 18 December 2015 |
| Dec 18, 2015
Oilex has now filed its defence in the Federal Court proceedings initiated by Zeta Resources Limited (Zeta). Oilex has also filed a cross-claim against Zeta seeking orders of specific performance requiring Zeta to perform its obligations and complete the relevant share subscription and convertible note agreements (or otherwise pay damages to Oilex).
Oilex will proceed to strongly defend the action and prosecute its cross-claim against Zeta if no resolution is reached in the discussFriday, December 18, 2015 |
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| 24hGold - Noodls |
| Appendix 3B - Issue of Shares under T2 placement |
| Aug 18, 2015
Section 708A(5)(e) Notice - Issue of Shares under Second Tranche Placement and Cancellation of Unlisted Options
Oilex has today issued 287,303,319 ordinary shares at an issue price of $0.041 per share under the second tranche of the placement announced on 8 July 2015.
Oilex gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) that:
Oilex issued the Shares without disclosure to investors under Part 6D.2 of the Act;
as at the date of this notice, OileTuesday, August 18, 2015 |
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| 24hGold - Noodls |
| Results of General Meeting 12 August 2015 |
| Aug 12, 2015
Oilex Ltd (ASX/AIM: OEX) is pleased to advise the results of its General Meeting held today. All resolutions which were put to Shareholders were passed unanimously on a show of hands.
Proxy Voting
In accordance with Section 251AA of the Corporations Act, the proxy votes and number of shares voted are set out in the attached report from Oilex's share registry, Link Market Services.
Managing Director of Oilex, Ron Miller, said;
"We are delighted that all resolutions have been passWednesday, August 12, 2015 |
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| 24hGold - Noodls |
| Update on Underwritten ... |
| Aug 03, 2015
Oilex Ltd (Oilex or the Company) is pleased to provide an update on the result of the previously announced Underwritten Rights Issue, and announces changes to the second tranche of the previously announced Placing.
As announced on 31 July 2015, 16,235,098 Rights Issue Shares have been taken up by shareholders, resulting in a shortfall in the Rights Issue of 153,241,412 shares. Under the terms of the underwriting agreement in respect of the Rights Issue, and as disclosed in the ComMonday, August 3, 2015 |
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| 24hGold - Noodls |
| Quarterly Report 30 June 2015 |
| Jul 31, 2015
Highlights
CAMBAY PSC, ONSHORE GUJARAT, INDIA
• Maiden Reserves achieved for the Cambay Field
o Gross 2P Reserves of 206 Bcf gas and 8.0 MMbbls of condensate (C5+) in the Y zone
(Oilex net working interest 93 Bcf gas and 3.6 MMbbls of C5+)
o Gross 3P Reserves of 377 Bcf gas and 17.3 MMbbls of condensate (C5+) in the Y zone
(Oilex net working interest 170 Bcf gas and 7.8 MMbbls of C5+)
o Gross 2C Unrisked Contingent Resources of 720 Bcf gas and 52.8 MMbbls of C5+ in the X and Y zFriday, July 31, 2015 |
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| 24hGold - Noodls |
| Section 708A Notice and Appendix 3B |
| Jul 28, 2015
Oilex advises that it has issued 341,300 ordinary shares following receipt of a notice to exercise 341,300 listed 15 cent options expiring 7 September 2015.
Oilex gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) that:
1. Oilex issued the Shares without disclosure to investors under Part 6D.2 of the Act;
2 as at the date of this notice, Oilex has complied with:
(a) the provisions of Chapter 2M of the Act as they apply to Oilex; and
(b) section 674 ofTuesday, July 28, 2015 |
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| 24hGold - Noodls |
| Capital Funding Program |
| Jul 28, 2015
Dear Shareholder,
Capital Funding Program
I am writing to you about your Company's announcement on 7 July 2015, regarding a capital funding program which is currently in progress. You should have recently received a Notice of Meeting for a General Meeting of Oilex shareholders to be held on 12 August 2015, as well as an Offer Booklet pertaining to a fully underwritten rights issue for eligible shareholders. The General Meeting and the rights issue are components of a A$30 millioTuesday, July 28, 2015 |
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| 24hGold - Noodls |
| Cambay Field : Production Update |
| Jul 21, 2015
• Cumulative gas sales of 5.12 MMscf from Cambay-73 for 22 days to 17 July 2015
• Cambay-73 operating at 100% availability
• Average daily gas demand in low pressure network has increased from ~250Mscfd to ~320Mscfd
• Cumulative total oil/condensate production of 336 bbls during same period
Oilex Ltd is pleased to provide an update from the Cambay Field subsequent to the commencement of gas sales from Cambay-73 into the low pressure network. Cambay-73 averaged ~ 54boepd during 22Tuesday, July 21, 2015 |
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| 24hGold - Noodls |
| Capital Raising - Update |
| Jul 20, 2015
On 7 July 2015, the Company announced that it was undertaking a capital raising package to secure approximately A$30 million (before costs) (Capital Raising). A component of the Capital Raising included approximately A$9.4 million through the issue of 225,490,196 Shares to Zeta Resources Limited (Zeta Deferred Shares) at A$0.04182 per Share.
As announced on 8 July 2015, Oilex is seeking Shareholder approval at a General Meeting on 12 August 2015 for the issue and allotment of the Monday, July 20, 2015 |
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| 24hGold - Noodls |
| Dispatch of Offer Booklet and Entitlement and Acceptance Form |
| Oilex Ltd is pleased to announce that in respect of the pro-rata renounceable entitlement offer announced on 7 July 2015, the following documents have now been dispatched to shareholders:
Offer Booklet dated 15 July 2015; and
Entitlement and Acceptance Form.
A copy of these documents is attached.
Attachments:
PDFFriday, July 17, 2015 |
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| 24hGold - Noodls |
| JPDA 06-103 Joint Venture |
| Jul 16, 2015
Further to the Announcement of 14 May 2015, Oilex Ltd ("Oilex"), in its capacity as Operator, on behalf of the Joint Venture Participants in the Joint Petroleum Development Area ("JPDA") 06-103 Production Sharing Contract ("PSC") has received a Notice of Termination and Demand for Payment ("Notice") from the Autoridade Nacional do Petroleo ("ANP").
The Notice accords with details set out in the previous Announcement.
The parties continue to discuss the financial liability of thThursday, July 16, 2015 |
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| 24hGold - Noodls |
| Section 708A Notice and Appendix 3B |
| Jul 15, 2015
Oilex Ltd (ACN 078 652 632) (ASX/AIM: OEX) (Oilex) has today issued 45,393,463 ordinary shares (Shares) at an issue price of $0.041 per Share to sophisticated investors under the first tranche of the placement announced on 8 July 2015.
Oilex gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) that:
1. Oilex issued the Shares without disclosure to investors under Part 6D.2 of the Act;
2 as at the date of this notice, Oilex has complied with:
(a) the proWednesday, July 15, 2015 |
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| 24hGold - Noodls |
| Issue of Shares under First Tranche Placement |
| Jul 15, 2015
As announced on 8 July 2015, Oilex Ltd (Oilex) is undertaking a capital raising to raise approximately A$30 million. Oilex is pleased to announce that the First Tranche Placement of 45 million new ordinary shares (Placement) under the Company's existing placement capacity pursuant to ASX Listing rule 7.1, at an issue price of A$0.041 to sophisticated investors to raise A$1.8 million (before issue costs) has been successfully completed.
The funds raised from the Placement will be aWednesday, July 15, 2015 |
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