OEX.L Share News (OEX)

IN BRIEF: Oilex shares suspended ahead of renaming to Synergia Energy

Oilex Ltd - Perth-based developer of natural gas assets in India, Indonesia and the UK - Shares are suspended from trading on AIM in London from Monday through Thursday this week, resuming trading on Friday morning. Oilex is changing its name to Synergia Energy Ltd. The suspension, first announced last week, is due to an "administrative issue" related to the need to register a new ISIN number as part of the name change.

TRADING UPDATES: DP Eurasia system sales rise; Journeo wins contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Oilex changes name to Synergia Energy

Oilex Ltd - Perth-based developer of natural gas assets - Changes name to Synergia Energy Ltd, effective Monday. Company's ticker on the Australian Securities Exchange and AIM will be SYN once the change takes effect.

IN BRIEF: Oilex receives most equipment for operation at Cambay

Oilex Ltd - Perth-based developer of natural gas assets - Says all the necessary equipment for its refracking operation has arrived onsite at the Cambay field in India, with the exception of the coiled tubing unit. Notes that the part has been delayed by monsoon season-related rain. The coiled tubing unit is expected to arrive on Tuesday. The initial stage of the re-fracking operation will start then. The whole fracking operation is expected to last seven days and will be followed by flow-back and testing.

UK shareholder meetings calendar - next 7 days

Oilex reports progress on India re-fraccing

(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.

IN BRIEF: Oilex progresses with preparation for hydraulic fracking

Oilex Ltd - Perth-based developer of natural gas assets - Says workover rig arrived at location and is being rigged-up at its Cambay field in India. Completes civil works to prepare the wellsite for the re-fracking operations. Secures all major services and equipment for the hydraulic fracking operation, which is scheduled to start in mid-July and is expected to last 7 days.

TRADING UPDATES: Avation extends easyJet lease; Abingdon wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: Savannah Energy to develop new projects in Chad

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Oilex updates volumes and reserves at Cambay

(Sharecast News) - Oilex updated the market on the reclassification of Cambay gas and condensate volumes to reserves on Friday, and an increase in resources.

IN BRIEF: Oilex completes fundraise and stabilises gas production

Oilex Ltd - Perth-based developer of natural gas assets - Completes GBP2.5 million fundraise. Raises funds through issue of shares at a price GBP0.20 each. Chief Executive Roland Wessel says: "The placing price of GBP0.20 pence represents no discount to the current price and shows confidence that these shareholders see significant value going forward. We are now fully funded for the July re-frac of C-77H and we also look forward to increasing daily production rates."

TRADING UPDATES: Polar Capital assets up; Brooks Macdonald funds fall

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News:

Oilex signs up Schlumberger for Cambay re-fracking

(Sharecast News) - Oilex updated the market on its operations in India on Thursday, in particular the Cambay field.

AIM WINNERS & LOSERS: Renold profit ahead; Oilex plans fundraise

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

IN BRIEF: Oilex recommences production at Cambay following approval

Oilex Ltd - Perth-based developer of natural gas assets - Recommences production and gas sales at Cambay field, following receipt of consent to operate from the Gujurat Pollution Control Board.