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3 Feb 2014 07:00
3 February 2014
CAMBAY-77H UPDATE
· Site construction complete
· All Essar LR-4 Rig components safely delivered to site
Oilex Ltd (ASX: OEX, AIM: OEX, Oilex) is pleased to announce that the Cambay-77H site construction has been completed on schedule. All 149 packages of the LR-4 Rig components have been delivered and unloaded at site.
Due to the progress to date being within the scheduled timeframe, the proposed spud date of Cambay-77H remains unchanged to be between 22 February and 9 March 2014.
Managing Director of Oilex, Ron Miller, said
"We are very pleased with the progress at the Cambay-77H site. The safe and timely manner that the team has completed the civil works and delivery and unloading of all rig components allows us to remain on schedule."
For further information, please contact:
Oilex Ltd Ron Miller, Managing Director Email: oilex@oilex.com.au Tel: +61 8 9485 3200 Australia | RFC Ambrian Limited Nominated Adviser and AIM Broker Samantha Harrison Email: samatha.harrison@rfcambrian.com Tel: +44 203 440 6800 UK
| Tavistock Communications Conrad Harrington Email: charrington@tavistock.co.uk Tel: +44 207 920 3150 UK |
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