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

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

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

Notice of initial substantial shareholder-Standard life

Notice of change of interests to substantial shareholder-Magna Energy

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

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

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

Change of Director's Interest Notice


Name of Director-Ronald Lawrence Miller

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

Change of Director's Interest Notice


Name of Director-Max Dirk Jan Cozijn

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

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

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.

From yesterday:

Financial Report for year ended 30 June 2015

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

From the OEX website:

Oct 01, 2015

Shares Magazine company profile - Tight focus rewarded at Oilex

http://www.oilex.com.au/docs/default-source/test/150925-shares-magazine-oilex-company-profile.pdf?sfvrsn=0

Notice of Annual General Meeting

Wednesday, 25 November 2015 at 10:00am (WST) at The Celtic Club First Floor, 48 Ord Street, West Perth Western Australia

Full details from link below:

http://www.moneyam.com/action/news/showArticle?id=5132318

21 October 2015
ASX: OEX
AIM: OEX


"India Operations Update

· Workover campaign has commenced with mobilisation of rig to Cambay-19z

· Bhandut-3 production facility construction is ~ 40% complete

· Evaluation of tenders for the Cambay 2015/2016 drilling campaign nearly complete and final approvals to award contracts being sought

Oilex Ltd is pleased to provide the following Operations Update:

Cambay Field

The workover campaign has started with the mobilisation of the rig to Cambay-19z, an oil producer from the Eocene (EP IV) formation. Cambay-19z is located approximately 1.4 km to the west of Cambay-77H. The workover includes removal and cleaning of the production tubing and repositioning the downhole pump to improve well deliverability. Subsequent to Cambay-19z, the rig will move to 1 of 4 candidates;

· Cambay-20, an oil producer currently on self-flow that requires a downhole pump to improve deliverability

· Cambay-70 located adjacent to Cambay-77H pad, a gas and oil producer from Eocene/MBS formation

· Cambay-60 - tested gas and condensate from OSII formation but never put into production

· Cambay-77H - to remove the frac tree, install production tubing and tree."

************************************************

Bhandut Field

Field construction continues at Bhandut and is 40% complete (refer to attached photographs) and expected to be completed during November 2015. Gas transportation is the responsibility of the buyer(s), which is currently targeted to be in place prior to end December. Bhandut-3 should be ready to commence production prior to the end of December 2015 subject to availability of the interconnecting gas transportation infrastructure. An independent reserve assessment has commenced to support Oilex's recently upgraded internal estimate and an announcement of the results will be made when they are final. Bandhut-3 is expected to commence plateau production at 100 - 130boepd.

************************************************

Managing Director of Oilex, Ron Miller, said;

"The commencement of field activities to boost production through the workover campaign is another milestone towards our goal of being operationally cash flow positive in India (exclusive of workover and drilling capex) before the end of this calendar year. In addition, the approvals tendering and cost recovery process is nearing completion for the 2015/16 drilling campaign. We are looking forward to Bhandut recommencing production and the final independent reserves report being completed. The gas market in India remains robust driven by market fundamentals and it is important to capture the commercial benefit of lower contractor service prices currently prevalent in the market."

LINK BELOW FOR FULL ANNOUNCEMENT:

http://www.moneyam.com/action/news/showArticle?id=5136475

Oilex kicks off workover programme on Indian project
Daniel Cancian | Sharecast | 21 Oct, 2015 12:39 - Updated: 15:54

Indian-focused gas producer Oilex has started a workover programme on its Cambay project ahead of a planned relocation of the rig and as part of its efforts to become cashflow-positive in India in 2015.

The group said the workover campaign on its Indian project, aimed at removing and cleaning the production tubing, has begun with the mobilisation of a rig to the producing Cambay-19z well, the first of four workover wells to be deployed in different locations across the site.

Oilex expects the workover programme to be completed before it drills the next two wells on site, Cambay-78H and Cambay-80H, adding that while production remains limited whilst the group carries out study on the reservoir, the Cambay-73 well is continuing to produce gas.

Upon completion of workover, the Cambay-77 well will be connected to the pipeline currently serving the Cambay-73.

"The commencement of field activities to boost production through the workover campaign is another milestone towards our goal of being operationally cash flow positive in India before the end of this calendar year,” the group said.

Oilex added the approvals tendering and cost recovery process was nearing completion for the 2015/16 drilling campaign.

Meanwhile, the gas producer said field construction at the Bhanut field was roughly 40% completed and was expected to be completed in November, when it is expected to produce 100-130 barrels of oil equivalent per day.

“The gas market in India remains robust driven by market fundamentals and it is important to capture the commercial benefit of lower contractor service prices currently prevalent in the market,” the company said.

Oilex on track to be cash flow positive by year end, says MD
22nd October 2015

Ron Miller, managing director of Oilex (LON:OEX), says the company remains on courseto be operationally cash flow positive in India by the end of 2015.

Key to this is a work-over campaign at its Cambay project in India, which commenced this week.

A drilling rig has been moved to Cambay-19z, which is an oil producer from the Eocene (EP IV) formation, located around 1.4 kilometres to the west of Cambay-77H.

The work-over includes the removal and cleaning of the production tubing and repositioning the down-hole pump to improve what Oilex called “well deliverability”.

Quarterly Report 30 September 2015
30 October 2015

HIGHLIGHTS

CAMBAY PSC, ONSHORE GUJARAT, INDIA

» Preparation of the five well workover campaign largely completed during the quarter

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

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

» Three Cambay legacy wells connected to the temporary pipeline and supplying gas on an intermittent basis

» Techno-commercial evaluation for 13 of 14 tenders for the Cambay 2015/2016 drilling campaign nearly complete



BHANDUT FIELD, ONSHORE GUJARAT, INDIA

» During the quarter construction of the gas production facility commenced, with construction expected to be completed in November 2015

» Bhandut-3 production test results have resulted in an upgrade to previous internal estimate of 2C Contingent Resource to ~425MMscf (~170MMscf Oilex net)

CORPORATE

» During the quarter, Oilex announced a two tranche placement and underwritten rights issue to raise $30 million (Capital Raising)

» First tranche placement completed raising $1.8 million

» Fully underwritten rights issue completed raising $7.0 million

» Second tranche placement completed raising $11.8 million

» Issue of Zeta Deferred Shares and convertible notes to raise $9.4 million, approved by Shareholders at a General Meeting on 12 August 2015

For full Report see link below:

http://www.moneyam.com/action/news/showArticle?id=5142444

Oilex says prep for five-well workover largely complete
Jamie Ashcroft
30 Oct 2015

The company updated investors of activities at its gas operations in India



Oilex (LON:OEX) told investors that preparations for a five-well workover programme at the Cambay gas field were, by the end of the third quarter, largely complete.

It also highlighted, in the quarterly activity report, that temporary pipeline to connect the Cambay 77-H well, and three other wells, was completed. The pipe is operational.

The company also said the technical evaluation of thirteen of fourteen tenders for a planned new drilling programme was nearly complete.

During the period the Cambay-73 well was on continuous production. Presently output from the one well is relatively modest, though volumes will rise as more wells are brought on.

It also highlighted that construction work continued at the Bhandut field, and the project should be complete in November. Production testing during the period enabled an upgrade to Bhandut’s contingent resources, to 425mln cubic feet of gas.