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Cambay Production Update - C-73 and C-77

23 May 2017 07:00

RNS Number : 9069F
Oilex Ltd
23 May 2017
 

ASX Announcement

 

 

23 May 2017

 

ASX: OEX

AIM: OEX

 

Cambay Production Update - C-73 and C-77

 

Oilex Ltd (the Company) is pleased to announce that gas production has re-started from C-77 at the Cambay Field. Gas production has restarted at a rate of 250MSCFD from the Eocene with flow rates at current contracted gas sales volumes. The current gas sales agreements will be renegotiated to take any additional produced volumes as and when required. The Company plans to cycle production between C-77 and C-73 as part of its resovoir management.

 

 

 

 

 

For and on behalf of Oilex Ltd

 

 

 

 

Jonathan Salomon

Managing Director

 

 

 

 

For further information, please contact:

 

Investor Enquiries

Oilex Ltd

Joe Salomon

Managing Director

Email: oilex@oilex.com.au

Tel: +61 8 9485 3200

Australia

AIM Broker

Cornhill Capital Limited

Broker

Colin Rowbury

Email: colinr@cornhillcapital.com

Tel: +44 20 3700 2516

UK

AIM Nominated Adviser

Strand Hanson Limited

Nominated Adviser

Rory Murphy/Ritchie Balmer

Email: oilex@strandhanson.co.uk

Tel: +44 20 7409 3494

UK

Media Enquires (UK)

Vigo Communications

Public Relations

Patrick d'Ancona/Chris McMahon

Email: patrick.dancona@vigocomms.com

chris.mcmahon@vigocomms.com

Tel: +44 20 7830 9700

Media Enquiries (Aus)

Citadel-MAGNUS

Michael Weir

Email: mweir@citadelmagnus.com

Tel: +618 6160 4900

Australia

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEALSDADFXEEF
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Date   Source Headline
11th Nov 20139:22 amRNSResults of Annual General Meeting 11 November 2013
11th Nov 20137:15 amRNSOILEX AGM Presentation November 2013
11th Nov 20137:11 amRNSOILEX AGM Chairman's Review
6th Nov 20137:00 amRNSAppendix 3Y
6th Nov 20137:00 amRNSAppendix 3B
30th Oct 20137:00 amRNSQuarterly Report to Shareholders 30 September 2013
28th Oct 20137:00 amRNSResults of General Meeting - 28 October 2013
28th Oct 20137:00 amRNSCambay Drilling Update
23rd Oct 20138:59 amRNSOilex accepts offer of two Canning Basin Permits
14th Oct 20137:00 amRNSOilex awarded 2 Exploration Permits, Canning Basin
10th Oct 20137:00 amRNSNotice of Annual General Meeting 11 November 2013
10th Oct 20137:00 amRNSOilex Ltd 2013 Annual Report to Shareholders
7th Oct 20139:31 amRNSChief Operating Officer
4th Oct 20137:00 amRNSResult of General Meeting - 4 October 2013
3rd Oct 201310:05 amRNSMagna Cambay Transaction Update
3rd Oct 20137:50 amRNSCanning Basin SPA-0055 Update
27th Sep 20137:00 amRNSNotice of General Meeting - 28 October 2013
25th Sep 20137:00 amRNSInterview with Oilex Ltd Managing Director
12th Sep 20137:20 amRNSWaiver of ASX Listing Rule 7.3.2
11th Sep 201310:23 amRNSFinancial Report for Year Ended 30 June 2013
6th Sep 20137:00 amRNSAppendix 3B
3rd Sep 20137:00 amRNSNotice of General Meeting - 4 October 2013
30th Aug 20137:00 amRNSPlacement to Raise $3.4 Million
28th Aug 20138:28 amRNSTrading Halt
27th Aug 201311:47 amRNSOilex Investor Presentation
20th Aug 20137:58 amRNSUK Broker Update
19th Aug 201312:50 pmRNSBhandut-3 Isochronal Production Test Report
9th Aug 201312:40 pmRNSCambay PSC - Equity Sale Agreeement
2nd Aug 20137:00 amRNSAppendix 3B
31st Jul 20139:19 amRNSQuarterly Report to Shareholders 30 June 2013
25th Jul 20137:00 amRNSCanning Basin SPA-0055 Update
12th Jul 201310:00 amRNSJPDA 06-103 PSC Update
1st Jul 20137:21 amRNSAppendix 3B
17th May 20137:00 amRNSAppendix 3B
3rd May 20137:00 amRNSInterview with Oilex Ltd Managing Director
29th Apr 20137:00 amRNSQuarterly Report to Shareholders
22nd Apr 20137:00 amRNSOILEX Investor Presentation April 2013
19th Apr 20137:00 amRNSCanning Basin Special Prospecting Authority Award
11th Apr 20138:25 amRNSAppendix 3B
11th Apr 20137:43 amRNSCambay - Gas Sales Agreeement signed
10th Apr 20137:00 amRNSCambay Work Programme & Budget Approved
4th Apr 20139:35 amRNSAppendix 3B
8th Mar 20137:39 amRNSAppendix 3B
25th Feb 20137:51 amRNSAppendix 3B
25th Feb 20137:00 amRNSAppendix 3Y
21st Feb 20138:05 amRNSAppendix 3B
15th Feb 20139:11 amRNSInterim Financial Report 31 December 2012
30th Jan 20137:00 amRNSResignation and Appointment of Company Secretary
29th Jan 201310:36 amRNSQuarterly Report to Shareholders 31 December 2012
25th Jan 20137:00 amRNSJPDA06-103 PRODUCTION SHARING CONTRACT - EXTENSION
111213141516171819

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