LONDON (Alliance News) - Oilex Ltd Monday said delayed equipment has arrived on site for the fracture stimulation of its Cambay-77H well in Cambay Basin, Gujarat, India. The oil and gas exploration and development company said equipment from Schlumberger Ltd for the programme has started to
Read moreLONDON (Alliance News) - Oilex Ltd Monday confirmed the extension of the rift basin, known as the Wallal Graben site, into its acreage at the Canning Basin in Australia, following preliminary interpretation of data acquisition from an aerial gravity/magnetic survey at the site by CGG Aviation Pty
Read moreLONDON (Alliance News) - Oilex Ltd Thursday said it will retain its 45% stake in the Cambay Production Sharing Contract after the Indian government did not approve a deal Oilex had with Magna Energy Ltd. As part of a sale and purchase agreement Magna Energy will now take 73.5 million Oilex
Read moreLONDON (Alliance News) - Pharmaceutical stocks are reigning over the first session following the long Easter bank holiday, with mergers and acquisitions leading investor interest.
GlaxoSmithKline has signed a three-part inter-conditional transaction with Swiss healt
Australian and Indian oil & gas company Oilex has finished drilling a well in India but said it may take several weeks to frack it. Oilex said it had cemented its Cambay-77H well in Gujurat and it was now secure for fracture stimulation. Logs had confirmed a hydrocarbon-bearing reservoir at 77-H c
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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AstraZeneca, up 7.1%. The pharmaceutical company has jumped after The Sunday
LONDON (Alliance News) - Oilex Ltd Tuesday said the 4.5 inch production casing has been set and cemented at its Cambay-77H well, part of the Cambay Production Sharing Contract in Cambay Basin, Gujarat, India. Cambay-77H is located adjacent to the Cambay-76H horizontal well that underwent a
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