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OILEX LTD - Dual Listed Oil & Gas Explorer (OEX)     

Alex 36 - 01 Nov 2012 11:04



Oilex Ltd was incorporated in Australia. Its operations are based out of five offices - our Perth head office, where geotechnical work, financial management and control are located; two in India focused on operations and government relations; and one in each in Muscat, Oman and Dili, Timor-Leste for field logistic, administration and finance support and government liaison. Currently Oilex's main country of operation for the purposes of AIM Rule 26 is India.

The Company is directing its efforts towards opportunities that have the potential to provide an exceptional return on investment. Our focus remains on searching for exploration and production assets in the prospective hydrocarbon basins of India , Australia - particularly in the Northwest Shelf and in the Timor Sea, and in the countries of Southeast and South Asia and near Middle East around the rim of the Indian Ocean. With eight permits/interests in prospective basins, Oilex has rapidly compiled a significant portfolio of oil and gas acreage that has a well-balanced mix of risk and reward.

Oilex now has interests in three field re-development and exploration projects in India; two exploration permits offshore Australia; one production sharing contract in the Joint Petroleum Development Area between Timor-Leste and Australia; one exploration and production sharing agreement onshore Oman and one production sharing contract onshore Sumatera Indonesia. Oilex is the operator of joint ventures comprising major Indian energy companies in all areas save for Indonesia. In Indonesia Oilex is non operator in a joint venture with an Indonesian company.

Website

http://www.oilex.com.au/index.cfm


Quarterly Report ( 31st October 2012 )

http://tinyurl.com/9ge6tx3

banjomick - 05 Aug 2015 07:58 - 144 of 293

05 August 2015
AIM: OEX

Issue of Shares under Rights Issue and Expiry of Unlisted Options



Oilex Ltd (Oilex) has today issued 16,235,098 ordinary shares at an issue price of $0.041 per share following receipt of acceptances in accordance with the terms of the Rights Issue.

The Company advises that application has also been made for the admission to trading on AIM and it expects the shares to be admitted to trading on AIM on 11 August 2015.



Expiry of Unlisted Options

Oilex also advises the cancellation of 75,000 employee options that have expired.

http://www.moneyam.com/action/news/showArticle?id=5089334

banjomick - 06 Aug 2015 07:52 - 145 of 293

06 August 2015
AIM: OEX

Issue of Shares under Rights Issue


Oilex Ltd has today issued 153,241,467 ordinary shares at an issue price of $0.041 per share following placement of the Rights Issue shortfall.

The Company advises that application has also been made for the admission to trading on AIM and it expects the shares to be admitted to trading on AIM on 12 August 2015.

For and on behalf of Oilex Ltd

http://www.moneyam.com/action/news/showArticle?id=5090086

banjomick - 12 Aug 2015 07:52 - 147 of 293

12 August 2015
ASX: OEX
AIM: OEX

Notice of change of interests to substantial shareholder

Please refer to the attached Form 604.

http://www.rns-pdf.londonstockexchange.com/rns/7983V_-2015-8-12.pdf

banjomick - 12 Aug 2015 07:55 - 148 of 293

12 August 2015
ASX: OEX
AIM: OEX

Results of General Meeting


Oilex Ltd (ASX/AIM: OEX) is pleased to advise the results of its General Meeting held today. All resolutions which were put to Shareholders were passed unanimously on a show of hands.

Proxy Voting
In accordance with Section 251AA of the Corporations Act, the proxy votes and number of shares voted are set out in the attached report from Oilex's share registry, Link Market Services.

http://www.rns-pdf.londonstockexchange.com/rns/7785V_-2015-8-12.pdf

Managing Director of Oilex, Ron Miller, said;

"We are delighted that all resolutions have been passed at today's General Meeting and the strong shareholder support for the outcome. We are pleased to welcome all new shareholders that will participate in the Tranche 2 placement, together with Zeta Resources Limited as a new cornerstone investor. The support of new and existing shareholders who recognise the opportunity to transform Oilex into a company having strong production and cashflow is encouraging. We look forward to completing Tranche 2 and focusing on delivery of the 2015/16 work programme."

For and on behalf of Oilex Ltd

Chris Bath

Chief Financial Officer and Company Secretary

http://www.moneyam.com/action/news/showArticle?id=5093205

banjomick - 12 Aug 2015 08:46 - 149 of 293

Westhouse analyst Henderson picks out small cap oil favourites


12:27 11 Aug 2015


Mark Henderson, director of oil & gas at Westhouse Securities, discusses the outlook for oil prices and why investors should look at junior stocks for value.

Speaking to Proactive Investors, the analyst runs through his top small cap oil picks including Lekoil (LON:LEK), Andes Energia(LON:AEN), Ithaca Energy (LON:IAE) and Oilex (LON:OEX).

69060_163846843643689_7687549_n.jpg?oh=f

youtube_logo_small_Cropped.jpg

banjomick - 18 Aug 2015 10:04 - 150 of 293

18 August 2015
ASX: OEX
AIM: OEX


Section 708A(5)(e) Notice - Issue of Shares under Second Tranche Placement and Cancellation of Unlisted Options

Oilex has today issued 287,303,319 ordinary shares at an issue price of $0.041 per share under the second tranche of the placement announced on 8 July 2015.



Oilex gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) that:

1. Oilex issued the Shares without disclosure to investors under Part 6D.2 of the Act;

2 as at the date of this notice, Oilex has complied with:


(a) the provisions of Chapter 2M of the Act as they apply to Oilex; and

(b) section 674 of the Act; and


3 as at the date of this notice, there is no information that is 'excluded information' within the meaning of sections 708A(7) and 708A(8) of the Act.


The Company advises that application has also been made for the admission to trading on AIM and it expects the shares to be admitted to trading on AIM on 24 August 2015.


Cancellation of Unlisted Options

Oilex also advises that it has cancelled 600,000 employee options due to cessation of employment.

http://www.moneyam.com/action/news/showArticle?id=5096516

banjomick - 19 Aug 2015 10:10 - 151 of 293

19 August 2015
ASX: OEX
AIM: OEX

Expiry of Listed Options

Oilex Ltd notifies holders of the Company's 188,255,171 Listed Options (OEXO) (Options) that the Options will expire at 5:00pm WST on 7 September 2015 (Expiry Date).

The following information is provided as contemplated by ASX Listing Rule 6.24:

· each Option entitles the Option holder to apply for one fully paid ordinary share in the capital of the Company

· the exercise price for each Option is $0.15 per Option

· if an option is exercised, payment would be required prior to 7 September 2015

· if the options are not exercised prior to the Expiry Date, those Options will lapse and there is no further right or entitlement to those Options

· official quotation of the Options will cease on 31 August 2015, being five business days before the Expiry Date

· the last available closing price of the listed shares in the Company prior to the date of this announcement was $0.038

· the highest and lowest market sale price of the Company's shares on ASX during the 3 months immediately preceding the date of this announcement and the respective dates of those sales were:

Highest: $0.07 on 26 June 2015

Lowest: $0.035 on 12 August 2015

· the exercise of the Options is not underwritten.

http://www.moneyam.com/action/news/showArticle?id=5097237

banjomick - 20 Aug 2015 07:55 - 152 of 293

20 August 2015
ASX: OEX
AIM: OEX

Notification of Major Interest in Shares


Oilex Ltd advises that it has received the attached notice from Standard Life Investments (Holdings) Limited advising that it now holds 8.62% of the ordinary capital of Oilex Ltd as at 18 August 2015.

For and on behalf of Oilex Ltd

http://www.moneyam.com/action/news/showArticle?id=5097825

banjomick - 28 Aug 2015 22:22 - 154 of 293

Just catching up:

25 August 2015
ASX: OEX
AIM: OEX

Operations Update

· Cambay-73 is on continuous production with stabilised draw down

· Temporary pipeline from Cambay-77H pad to Cambay-73 production facility completed and operational

· 3 Cambay legacy wells connected to the temporary pipeline and supplying gas on an intermittent basis

· Bhandut-3 production facility construction has commenced and its gas Contingent Resource increased to ~425MMscf

· Techno-commercial evaluation for 13 of 14 tenders for the Cambay 2015/2016 drilling campaign underway

· Field Development Plan for 20Bcf of the 1P Reserves is complete and under review

Full update from link below:

http://www.moneyam.com/action/news/showArticle?id=5100140

banjomick - 28 Aug 2015 22:24 - 155 of 293

Chart.aspx?Provider=EODIntra&Code=OEX&SiChart.aspx?Provider=EODIntra&Code=OEX&Si

banjomick - 02 Sep 2015 07:52 - 156 of 293

2 September 2015
ASX: OEX
AIM: OEX

Good Oil Conference Presentation


Oilex Ltd advises that a copy of an Oilex Presentation dated September 2015 can be viewed by clicking on the below link.

http://www.rns-pdf.londonstockexchange.com/rns/8018X_-2015-9-2.pdf

banjomick - 08 Sep 2015 07:52 - 157 of 293

8 September 2015
ASX: OEX
AIM: OEX

Expiry of Listed Options

Oilex Ltd wishes to advise that the following listed options have expired unexercised:

ASX Code: OEXO

Number: 188,248,858

Exercise Price: $0.15

Expiry Date: 7 September 2015

http://www.moneyam.com/action/news/showArticle?id=5108754

banjomick - 09 Sep 2015 08:38 - 158 of 293

Change of Director's Interest Notice


Name of Director-Ronald Lawrence Miller

http://www.moneyam.com/action/news/showArticle?id=5109718

banjomick - 09 Sep 2015 08:39 - 159 of 293

Change of Director's Interest Notice


Name of Director-Max Dirk Jan Cozijn

http://www.moneyam.com/action/news/showArticle?id=5109719

banjomick - 24 Sep 2015 12:30 - 160 of 293

Key to Disclosures
Corporate Governance Council Principles and Recommendations


https://www.oilex.com.au/docs/default-source/corporate-governance/charters/150923-corporate-governance-statement.pdf

http://www.moneyam.com/action/news/showArticle?id=5119260

banjomick - 24 Sep 2015 12:38 - 161 of 293

Oilex Loss Widens After Booking Impairments Against Indian Assets
Joshua Warner
24 September, 2015 | 11:15AM

LONDON (Alliance News) - Oilex Ltd Thursday said its pretax loss significantly widened in the last financial year after the company booked a large amount of impairments against its exploration assets in India.

The Indian gas producer is focused on carrying out its work programme that will start in the second half and stretch into 2016 as it looks to turn its operations cashflow positive before the end of 2015.

The company reported a USD17.4 million pretax loss in the year ended June 30, substantially widening from the USD4.6 million loss reported a year earlier. The company's small amount of revenue came in at USD290,294, slightly higher than USD250,620 last year.

The main cause of the wider loss was the company booking exploration activities amounting to USD13.2 million during the year, of which USD11.9 million was recorded as impairments, compared to only USD1.7 million in the last financial year. Administrative expenses, share-based payments and other expenses also experienced small lifts year-on-year.

Oilex is focused on executing its 2015 to 2016 work programme on the Cambay and Bhandut fields to deliver production growth and cash flow, underpinned by the Cambay field's gross 2P Reserves of 206.0 billion cubic feet of gas plus 8.0 million barrels of liquids.

That work programme will be comprised of the drilling of two wells, Cambay-77H and Bhandut-3, plus a further two dependent on the success of the first two wells. Tenders for the programme are currently being analysed and the first well is expected to be drilled before the end of 2015.

The first and flagship well, Cambay-73, began producing in June.

Also forming part of the approved work programme are 5 well work-overs to boost oil and possibly gas production from existing wells. Oilex said the work-overs are "integral" to the company making its operation cashflow positive, excluding exploration and field development costs, in 2015.

The Cambay field is located at the hub of India's large gas distribution network close to the existing gas pipeline grid in the State of Gujarat. Oilex will use an existing pipeline which already has spare capacity to facilitate its production growth.

"It is anticipated that while the global energy markets are experiencing significant price constraints, with our unique position to supply onshore gas close to infrastructure in Gujarat state, the growing demand for energy should ensure that domestic prices will be insulated from external price pressures," said Chairman Max Cozijn.

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banjomick - 25 Sep 2015 11:26 - 162 of 293

From yesterday:

Financial Report for year ended 30 June 2015

banjomick - 01 Oct 2015 10:18 - 163 of 293

1 October 2015
ASX: OEX
AIM: OEX

Annual General Meeting

Oilex Ltd advises that its Annual General Meeting will be held at The Celtic Club Inc., 48 Ord Street, West Perth, Western Australia on Wednesday 25 November 2015 at 10am.

http://www.moneyam.com/action/news/showArticle?id=5124192
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