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Something big going on here. Not seen this for ages in ukog.

Even on sells. Seems they want stock. Has been NT to buy also

All infrastructure is in place also I believe.

Do they get a premium to that for higher flows to the pipeline?

The future a new era, about exploiting the huge oil and gas resources. 100%

Order filling. Largerdelayed buys coming through.

Top ten oil and gas majors operating in India

https://www.linkedin.com/pulse/top-10-largest-oil-gas-companies-india-john-kingsley

Done deal. Oilex's Managing Director Mr Joe Salomon said:
"We are pleased that Oilex and GSPC have been able to work together to agree this outcome and in doing so a major milestone has been achieved by the Company in the face of many challenges. The long-awaited resolution provides the Company with a pathway to evaluate the significant gas resource potential identified at Cambay. Oilex and GSPC continue to work together to finalise past pending costs related to certain field costs and regulatory spending prior to 2018.
Reaching this point is a credit to the focus, perseverance and capital discipline of the whole Oilex team. As a result of their efforts a pathway has been laid out which re-gains control over the Company's destiny as we now set about restarting operations with a 100% PI and focus on unlocking the significant potential value throughout our Cambay asset. Special thanks go to all of our shareholders in the UK and Australia for their continued support and belief in the Company. We also express our thanks to GSPC officials and staff within their exploration, finance and legal departments for their time, attention and support whilst resolving this matter. The Company's attention will now be focused on delivering on our short and medium term objectives and updating the market on our next steps. "
As part of the Transaction, Oilex will benefit through receipt of GSPC's share of the historic cost recovery pool, the total (100%) being approximately US$125 million

Ready to pop out of the top of the intraday cup and handle. 0.6+ expected.

Interest is building here and it’s about time the sp rerated in proportion to its massive assets.

Note the intraday cup n handle forming guys.

As part of the Transaction, Oilex will benefit through receipt of GSPC's share of the historic cost recovery pool, the total (100%) being approximately US$125 million

Releasing the brakes gradually. Better than a crazy spike but FOMO will kick in at some stage.

Of course it can as the wider market wakes up.

This could move to 0.7 0 today and it still has a ridiculous amount of bags to go from there.

Feels good holding, knowing the multi bags are coming here.

5 bags is a good start from here.

Super strong on the 4 hour also.

£14m cap for 30tcf and 1.6bn barrels of oil in proven ground is insanely cheap.

Plus OEX as part of the agreement get 55% of 125m USD back.

This has a major energy operator JV stamped all over it for a bargain free carry for OEX imo

Huge prospects tiny cap perfect combo for huge returns.

Link https://www.share-talk.com/joe-salomon-managing-director-of-oilex-ltd-oex-asx-l-interview/#gs.y7sb9r