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Appendix 3X

10 Nov 2011 07:00

Rule 3.19A.1Appendix 3X

Initial Director's Interest Notice

Information or documents not available now must be given to ASX as soon asavailable. Information and documents given to ASX become ASX's property and maybe made public.Introduced 30/9/2001.Name of entity Oilex Ltd ABN 50 078 652 632 We (the entity) give ASX the following information under listing rule 3.19A.3and as agent for the director for the purposes of section 205G of theCorporations Act.Name of director Sundeep Bhandari Date of appointment 9 November 2011

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) ofthe definition of "notifiable interest of a director" should be disclosed inthis part.N/A

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Number & class of

securities

Note: Provide details of the circumstances giving rise to the relevant interest 7,600,000 Fully paid ordinary shares India Hydrocarbons Ltd 2,000,000 $0.30 options expiry 10/11/2012 2,000,000 $0.37 options expiry 10/11/2014

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) ofthe definition of "notifiable interest of a director" should be disclosed inthis part.Detail of contract Nature of interest Name of registered holder (if issued securities)

No. and class of securities to which

interest relates 10/11/2011

XLON
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29th Oct 20127:00 amRNSChange of Name of Joint Broker
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17th Sep 20127:39 amRNSAppendix 3Z
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7th Sep 20127:00 amRNSAppendix 3B
7th Sep 20127:00 amRNSAppendix 3Y
7th Sep 20127:00 amRNSResults of General Meeting - 7 September 2012
7th Sep 20127:00 amRNSOilex General Meeting Presentation September 2012
3rd Sep 20127:11 amRNSClosure of Entitlement Offer & Shortfall Notice
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31st Jul 20127:34 amRNSQuarterly Report to Shareholdes - 30 June 2012
30th Jul 20127:00 amRNSVoluntary Suspension - ASX
26th Jul 20127:00 amRNSTrading on ASX
24th Jul 20127:00 amRNSAppointment - Chief Operating Officer
24th Jul 20127:00 amRNSInvestor Presentation - July 2012
23rd Jul 20127:51 amRNSChange of Office Address
2nd Jul 20127:26 amRNSAppendix 3Y
2nd Jul 20127:25 amRNSAppendix 3B
27th Jun 20127:00 amRNSCambay and Timor Sea Operations Update
30th May 20127:00 amRNSAppointment of Joint UK AIM Broker
25th May 20127:00 amRNSOilex - Status Cambay Field
14th May 20128:08 amRNSAppendix 3B
8th May 20127:00 amRNSCambay-76H Well Operations Update

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