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Chief Operating Officer

7 Oct 2013 09:31

RNS Number : 8644P
Oilex Ltd
07 October 2013
 



 

7 October 2013

 

 

 

CHIEF OPERATIng OFFICEr

 

Oilex Ltd ("Oilex" ASX: OEX, AIM: OEX) today announces the departure of Chief Operating Officer, Mr Michael Maloney, with effect from 4 October 2013. His responsibilities will be absorbed by current team members based in India. This team includes a number of recent recruits with extensive experience using proven technology to develop tight hydrocarbon resources in North America. In addition, Vice Chairman, Mr. Sundeep Bhandari resident in India and the Perth Office Leadership Group, with the assistance of our JV Partner - GSPC personnel, will devote additional time to actively develop Oilex's flagship asset, the Cambay Tight Oil and Gas Project.

 

For and on behalf of the Board

 

Ron Miller

Managing Director

 

 

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

Ed Portman

Email: eportman@tavistock.co.uk

Tel: +44 207 920 3150

UK

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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